Variations and Contract Price Adjustments NZS 3910:2023
A Practical Commentary on the 3910 Form of Contract
New Zealand Estimating and Surveying
A Practical Commentary on the 3910 Form of Contract New Zealand Estimating and Surveying
Demystifies the NZS 3910
Crafted by our team of Senior Quantity Surveyors (QS) to help you master the complexities of managing changes and their financial implications in construction contracts.
With decades of experience in variations management and cost control, our experts have broken down how to handle everything from simple scope changes to complex cost fluctuations under the latest NZS 3910.
Key Learning Objectives in:
Variations and Contract Price Adjustments
Understanding and Managing Variations
Gain a clear understanding of when variations are permitted, the processes for initiating them, and the importance of proper documentation and communication to ensure contractual compliance.
Valuation and Financial Adjustments
Explore effective methods for assessing the value of variations, managing cost fluctuations, and handling daywork to ensure fair compensation and financial control.
Managing Risks and Unforeseen Conditions
Develop strategies for addressing unexpected site conditions and allocating provisional and contingency sums, ensuring flexibility and mitigating project risks.
Finalising and Reconciling Accounts
Master the preparation of final accounts, reconciling all adjustments, and ensuring agreement among parties to conclude projects efficiently and transparently.
Comprehensive coverage of
variation clauses
Step-by-step guidance for managing changes
Real-world examples and practical applications
Access to our specialised learning platform
Specifications:
Pace
Self Paced & Online
Subject
Understanding the NZS 3910:2023
Platform
NZES Online Platform
Level
Introductory to Advanced
Covers Clause:9.19.29.39.49.59.69.79.89.99.109.11
Purchase Singular Commentary
(Variations and Contract Price Adjustments)
Purchase Complete Series
Variations and Contract Price Adjustments