Course Introduction
Introduction of the three(3) common Forms of Construction Contracts in Malaysia;
[1] FIDIC Form of Contract:
[a] FIDIC Red Traditional Book,
[b] FIDIC Yellow Design-And-Build Book,
[c] FIDIC Silver EPC Book.
[2] PWD Form of Construction Works Contract.
[3] PAM Form of Contract.
Knowing how/when to select and use, between [1] the Traditional contract form versus [2] the Design-And-Build contract form versus [3] the EPC contract form.
Understanding the advantages and disadvantages/limitations betw
Course Objectives
- Understand the relevant contract law and construction law principles.
- Understand the risk allocation of the various procurement contract models i.e., between [1] the Traditional contract form versus [2] the Design-And-Build contract form versus [3] the EPC contract form.
- Appreciate why parties choose the EPC and Design & Build contract model for fast track large complex projects versus the Traditional Employer-Designed contract form.
- Acquire the skill set to identify the key risks in EPC and Design & Building contracts versus the Traditional Employer-Designed contract form.
- Obtain the ability to better manage the key contract terms and clauses during the performance of the project
- Sharpen the skill set in dealing with claims and disputes that may arise