A Practical Approach of resolving Liquidated damages LD and Retention Monies

Expert Strategies and Techniques for Resolving Disputes and Claiming Payment in the Construction Industry

 

This webinar equips construction professionals with practical guidance on handling disputes involving liquidated damages (LD) and the final retention sum, as many organisations face uncertainty when these issues arise, often struggling with how to respond or reach an amicable resolution.
 

Webinar Objectives

By the end of the webinar, attendees should be able to:

  • Understand and exercise the various options available to handle disputes involving LD
  • Learn how to navigate disputes with greater confidence, clarity and control.

 

Webinar Outline

  • Definition of LD

  • Contractual issues when dealing with LD

  • Resolving LD issues and identifiying options available

  • LD 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

 

Who Should Attend

  • Developers, contractors, sub-contractors, suppliers, quantity surveyors and lawyers in the building and construction industry

 

Speaker Profile

 

Mr David Shanmugam

David has an LLB (Honours) from the University of London and a Master of Business Administration (MBA) from Victoria University.He 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.

David 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.

Course Duration

0.5 Day Course

  • Training Hours – 3.0 hours

  • Assessment Hours – 0 hours

Medium Of Instruction

  • English

Funding Information

This webinar is not eligible for funding.

 

Register

Certification

An e-Certificate of Attendance will be issued to attendees 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 the webinar date. 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 the webinar start date, in which 50% of the webinar fee will be refunded. If notice is given in less than 3 working days, there will be no refund (100% charged).

 

Special Session

Available upon request.

 

For more information, please contact Ms Adalyn at 6429 5867 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”

Govindavelalar Gunasekaran

“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.”

Daphne Yip

“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.””

Kenn Tan