Inaugural International Construction Contracts Conference

In collaboration with Royal Institution of Surveyors Malaysia (“RISM”) and Persatuan Juruukur Tanah Bertauliah Malaysia (“PEJUTA”), BK SURCO Training, the International Training Company of the Chartered Institution of Civil Engineering Surveyors (“ICES”), is delighted to present a one-day Inaugural International Construction Contracts Conference entitled “Managing Construction Contracts and Risks Effectively and Economically” on Thursday, 23 April 2015 at Armada Hotel in Petaling Jaya, Malaysia.

This is an inaugural International Conference focusing on the important subject of managing construction contracts and risks effectively by reducing costs and improving efficiency and profitability on construction projects to benefit the whole construction industry.

Construction Risk can be considered from the viewpoint of an Employer, Contractor or Subcontractor, which usually mean the possibility of events occurring, the effects of which will adversely affect your budget, whether that be budgeted cost, income or profit.

In this regard, the New Engineering Contract (“NEC“) has been adopted in the UK, and by the Government of Hong Kong recently to overcome the various problems in the construction industry, including to improve efficiency and profitability, by the use of collaborative contracting, where necessary.

In this regard, the New Engineering Contract (“NEC“) has been adopted in the UK, and by the Government of Hong Kong recently to overcome the various problems in the construction industry, including to improve efficiency and profitability, by the use of collaborative contracting, where necessary.

According to NEC (source: https://www.neccontract.com), the first NEC contract was published in 1993. It was a radical departure from existing building and engineering contracts, being written in plain language and designed to stimulate rather than frustrate good management. NEC 2nd Edition appeared two years on with a new Professional Services Contract, Adjudicator’s Contract and a back-to-back set of short forms and sub-contracts. With a decade of extensive international use, NEC developed and launched the NEC3 contract suite in 2005 which included a new Term Service Contract and Framework Contract.

The suite was updated and enlarged to 39 documents in April 2013, including a Professional Services Short Contract – the Association for Project Management’s standard form for appointing project managers – and an enhanced set of guidance documents. The NEC3 suite has been endorsed by governments and industry worldwide and has an unrivalled track record for delivering projects on time and on budget including the London 2012 Olympic and Paralympic Games venues.

The NEC3 Suite gives a diverse range of definitive end-to-end project management contracts to empower users to deliver projects on time and budget to the highest standards as it is flexible and can be used for the procurement of works, services and goods across all sectors – including public and private, buildings and infrastructure, plant and equipment – as well as all stages of a project lifecycle, from planning, design and project management to construction, maintenance and facilities management.

In view of the effectiveness of NEC contracts, both in the UK and Hong Kong, this new wave of innovative contracts, with the concept of collaborative contracting, have hit the construction industry. It is expected that the Singapore and Malaysian Construction Industry will follow suit shortly particularly to overcome the various shortcomings of the local forms of building/construction contract. Consequently, by virtue of this inaugural conference, it is hope that the essence of the said NEC contracts, with its innovative and radical terms and conditions will be expounded and shared with the players in the industry.

In addition to NEC contracts, Building Information Model (“BIM”) which is the other wave to impact on the construction industry, by improving efficiency and reduce risks will also be discussed in this conference, with the sharing of the recent developments of BIM in the UK and around the region. Further what are the solutions to various pertinent contractual issues in the construction industry? How is CIPAA assisting the construction industry in Malaysia? These are all questions that will be addressed in this conference.

In view of the above, this is a unique opportunity for all those who are involved in the Construction Industry to listen to the views of experienced practitioners within the Industry, in Malaysia and internationally, who are actively involved in consulting, advising and assisting their clients on different aspects of Construction Contracts and Risk Management and also to participate in what promises to be a very lively debate on the subject by raising what you consider to be important issues on this subject during the panel discussion at the end of the afternoon.

 Fee

Member Fee (ICES / RISM / PEJUTA Discount) - RM 480 per pax
Non Member Fee (sponsoring/endorsing institutions) - RM 530 per pax
Standard Fee – RM 580 per pax

Student (Undergraduates) – RM 250 per pax

* Fee is inclusive of the GST, conference proceedings, materials, refreshment and lunch.

CPD Point Approved by:

BQSM – Approved 4 hours
LSBM – Approved 1 hour
CIDB – Approved 10 hours

BAM – 2 hours 

 Please submit your form to:

Royal Institution of Surveyors Malaysia
3rd Floor, Bangunan Juruukur
64-66, Jalan 52/4
46200 Petaling Jaya, Selangor

Contact : Puan Hanie / Ms Katherine Thiang
Tel: 03-7955 1773/ 7956 9728/ 7954 8358
Fax: 03-7955 0253
Email: secretariat@rism.org.my / katherine@rism.org.my

For further information, please refer to the Brochure