Overview
The objective of the seminar is to introduce participants on how to resolve issues on liquidated damages and claiming final retention sum. In the construction industry, many organisation are not clear on how to resolve these issues especially when resolving such disputes. When faced with these issues, they are not sure as to how to resolve these issues or settle them amicably.
Objective
By the end of the seminar, participants would have learned the practical approach to handling these issues. How to exercise the various options available and to handle the issues more clearly and carefully.
Course Outline
Definition of Liquidated damages
What are the contractual issues when dealing with liquidated damages?
Resolving liquidated damages issues and options available
Liquidated damages and the interrelationship with the Final Retention sum
The key issues in Final Retention Sum
Handling and resolving when making payment claim on Final Retention Sum
The advantages and disadvantages of using the SOP as oppose to the traditional Court System
Recent developments and case law discussion
Using arbitration as opposed to mediation to settle these issues
The art of getting a win situation in these issues
Target Audience
This seminar will be of immediate benefit to all involved in the building and construction industry, particularly Developers, Contractors, Sub-Contractors, Suppliers, Quantity Surveyors and Lawyers.
Course Fees (Incl GST)
SCAL member: $165.00
Non-member: $200.00
Speaker Profile
David Shanmugam
David has an LLB (Honours) from the University of London and a Master of Business Administration (MBA) from Victoria University.
Mr. David Shanmugam has many years of legal practice in the private sector and is presently working in a legal firm. He is also an Advocate & Solicitor of the Supreme Court of Singapore.
He regularly conducts legal seminars and workshops for Directors, HR and Finance professionals on business and company law as well as various practical legal issues faced by corporate individuals. His forte is in the field of corporate and commercial drafting of contracts, including commercial company matters. Over the years, he has also conducted many in-house trainings for high profile corporate clients.
0.5 Day Course
Training Hours – 3.0 hours
English
This webinar is not eligible for funding.
Contact UsCertification
An e-Certificate of Attendance will be issued to participant who complete the course with 100% attendance.
Replacement/Postponement
A notice of replacement / postponement together with the full particulars of the new participant (for replacement) must be given to us AT LEAST 3 working days before course commencement. A charge of S$50 (replacement) or S$100 (postponement) will be imposed on such changes.
Cancellation
A notice of cancellation must be given at least 3 working days before commencement of the course and 50% of course fee will be charged /returned. If notice is given less than 3 working days before the first day of the course, there will be no refund/100% charged.
Special Class
Available upon request.
For more information, please contact Ms Adalyn at 64295867 or email adalyn@scal-academy.com.sg.
“The training provided by SCAL’s experienced and knowledgeable trainers has equipped me with an excellent grasp of construction safety and allowed me to enhance worksite safety in Woh Hup”
“The course content is very relevant to my daily work and I will definitely recommend this course to my colleagues with design background at SCAL Academy.”
“SCAL Academy has a good understanding of how the industry works and the training is much better aligned with practical needs. The trainer also exhibited fantastic content knowledge and this enabled me to apply the concepts to my work.””
