3Hrs CPD

Payment Process in Construction

ms_team Via Microsoft Team

Event Description

Payment is an essential component of any construction project, and it must be ensured that it is completed on time. The FIDIC contract specifies payment details, such as the time of payment, advance payment, retention money, and financial steps after taking over. This 3-hour Continuing Professional Development (CPD) course provides attendees with an extensive knowledge of the payment process in the construction industry based on the FIDIC Red Book 1999.

What will you learn?

  • Types of Payments
  • Key Elements in IPA
  • Advance, Interim & Final Payments
  • Material On-Site & Off-Site
  • Delay Payments
  • Statement at Completion
  • Discharge Letter
  • Final Account
  • Payment Timeline
  • Common Practice in Gulf

What will you get?

  • PowerPoint Slides
  • Real Working Templates & Formats
  • Other References
  • Completion Certificate

Who can attend this CPD?

  • Freshers
  • Quantity Surveyors
  • Civil Engineers
  • Estimators
  • MEP Engineers
  • MEP Quantity Surveyors
  • Mechanical Engineers
  • Electrical Engineers
  • Auto CAD Draftsman
  • Document Controllers
  • Cost Professionals
  • Other Construction Professionals
  • Engineering Students
  • Quantity Surveying Students
  • Sub-Contractors
  • Freelancers
Date : January 07, 2023
Time : 08:45 AM
Mode : Online
Language : Tamil