Course 3
COURSE 3 - OBTAINING PAYMENT
SUITABLE FOR
All contract staff, accountants, credit control & financial, staff, administrative or general staff of specialist companies involved with any aspect of contractual entitlements to payment.
PROVIDES
* An intensive and detailed review of the key aspects of obtaining payment for specialist construction work.
* Focus on work carried out under building and civil engineering subcontracts.
AIMS
* To provide a clear and practical understanding of how the payment system operates.
* To provide practical advice on how to avoid pitfalls and make the system work for your company.
COURSE CONTENT
- Subcontract price
- Interim payments (30-day payment)
- Periods of time
- Valuations
- Applications for payment
- Priced activity schedule
- Advanced payment
- Variations
- Valuation of variations & submitting quotations for variations
- Retention
- Discount
- Interest on late payment
- Final account, retentions & contractual obligations
- Fluctuations
- Value Added Tax
- HMRC Construction Industry Scheme
- Remedies
LOCATIONS AND DATES
The John Huxtable Centre, Aldershot 18 October 2012
Redfern Contracts Consultants, Burton-on-Trent 2 February 2012
For further information about the course locations please on the links above
COSTS
Members - £200 + VAT
Non - Members £350 + VAT
For a reservation form please click here
CITB-ConstructionSkills Grant:
IOCS courses are approved by ConstructionSkills. Companies registered with CITB-ConstructionSkills can claim a grant of £17.50 per person per day for courses 1 to 15.
