Getting Paid - 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
Developed by our team of Senior Quantity Surveyors (QS) to help you understand and effectively manage project timelines, extensions, and completion requirements under construction contracts.
Drawing on extensive experience in project management and contract administration, our specialists have broken down the critical processes for managing project timelines, from commencement through to practical completion under the latest NZS 3910.
Key Learning Objectives in:
Getting Paid
Understanding Payment Claims and Schedules
Master the processes for submitting and managing payment claims, including timing requirements, documentation needs, and certification procedures.
Managing Retention Money
Develop expertise in handling retention monies, including understanding release conditions, bond alternatives, and timing of payments.
Final Payment Processes
Learn the requirements and procedures for final payment claims and schedules, ensuring proper project financial closure.
Managing Delays and Early Completion
Understand the implications of late payments, interest calculations, and GST requirements within the payment process.
Clear explanation of payment processes and requirements
Practical guidance for managing payment claims and schedules
Step-by-step procedures for retention money management
Expert insights into final payment processes and GST requirements
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:12.112.212.312.412.512.612.7 12.8
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Getting Paid