Claim of unpaid electrical work via SOP Act - (EOT05) 1 Day Course

Course Title: Claim of unpaid electrical work via SOP Act – (EOT05) 1st RUN Course Duration: 1-day / 7hrs Course Fee: S$ 350.00, Maximum Class Size: 15pax Course Date: Kindly contact EETI for the date (+65 8332 3668) Trainer: Er. Lim Han Cheong (Note: Trainer profile available at https://eeti.com.sg/pages/trainers ) Introduction: Construction projects involve many different parties with specialized roles which form a complex web of contractual responsibilities of each of the parties to the others, namely owners, main and sub-contractors, architects, engineers, managers, consultants, materials suppliers, etc. Electrical work is part of a construction project that involves - aside from technical matters payments, and cash flow is the lifeblood of the project execution. Without adequate cash flow, contractors and sub-contractors concerned will find themselves in a difficult situation of having to finance the electrical work on their own which may lead to delay in the work completion or extreme cases, come to a complete standstill. One way to claim the unpaid electrical work will be via the Security of Payment Act. In this regard, it is therefore important that parties should ensure that a proper payment claim/response, inter alia, is prepared with respect to the electrical work done, and settle the payment in dispute at the very first instance successfully under the Act, to avoid the risk of electrical work delay and legal proceedings, if any. Objective: This course gives an overview of the nature of electrical work, payment terms in the contracts, the implication of parties not meeting their respective payment obligations, and how a proper payment claim/response should be prepared to settle the payment successfully for the work done by the parties in the first instance. What You Will Learn: Course Outline: i) Nature of electrical work contracts ii) Common payment terms iii) Causes of payment disputes iv) The Security of Payment Act regulatory framework on payments v) Successfully preparing payment claims/responses vi) Adjudication Process vii) Case study By the end of the masterclass, participants should: * Be aware of the common payment terms in the electrical work contract * Understand the implication of payment dispute * Know how to prepare a payment claim/response successfully and * Be able to apply the knowledge learned in their work Who Should Attend: This course will be useful to technical executives, supervisors, project managers, project coordinators, contract administrators, architects, quantity surveyors, company directors, developers, lawyers, legal practitioners, legal counsel, safety practitioners, professional engineers, and engineers who work in the construction industry.