In recent years, compensation issues in construction contracts have come more into focus and the number of disputes has increased. This course aims to give you the knowledge you need about different compensation models in the construction industry and how they are regulated. Among other things, we go through what applies to cost-plus (open account), fixed price, ceiling price, quantity contracts and ÄTA work. You will also learn the rules for invoicing and accounting and how to draft contract terms to avoid disputes.
Format: On site
Language: Swedish
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About the course.
In recent years, compensation issues in construction contracts have come more into focus and the number of disputes has increased. This course aims to give you the knowledge you need about different compensation models in the construction industry and how they are regulated. Among other things, we go through what applies to cost-plus (open account), fixed price, ceiling price, quantity contracts and ÄTA work. You will also learn the rules for invoicing and accounting and how to draft contract terms to avoid disputes.
COURSE OBJECTIVES:
As a participant you will:
- Understand the different compensation models and their pros and cons
- Know how cost-plus (open account) works and what requirements can be placed on the accounting
- Understand the system of the standard contracts' rules and be able to apply them in situations that arise in your business
What you will learn
What you learn.
The rules on compensation in chapter 6 of AB 04 and ABT 06, and the Sale of Goods Act and the Consumer Services Act
Compensation models in the construction industry: fixed price, quantity contracts and more
Compensation for contract work and ÄTA work
Variants of cost-plus and how they work: supplementary agreements, ceiling price, budget price and incentive models
Drafting contract terms and what the parties can do to reduce the risk of disputes about compensation
How, as a contractor, to account under cost-plus and how, as a client, to review the accounting
Rules on payment plans, security, invoicing, compensation and invoicing
Curriculum
How the course is built.
Compensation models
We start by going through the different compensation models in the construction industry and the relevant legislation.
Fixed price
Cost-plus (open account)
Quantity contracts
Different incentive models
Contract work and ÄTA work
Legislation on compensation: what the Sale of Goods Act and the Consumer Services Act say that may matter for construction contracts
Cost-plus (open account)
In this session we take a deep dive into the standard contracts' rules on cost-plus
Examples from case law
Accounting and review in connection with cost-plus
Variants of cost-plus
Supplementary agreements to cost-plus
Ceiling price, budget price
Incentive models, fixed and variable part, and target price.
Other compensation rules
Payment plans: when the contractor gets paid
Invoicing
Limitation
Securities
Compensation for acceleration, hindrance, disruption and damages
Target audience
Who is this for?
You who work with building, civil engineering or installation contracts under AB 04 or ABT 06, whether as client, contractor or subcontractor.
What "verified" means here
Verified credential.
When you complete the course, Bonnier Akademi issues your certificate. Your name, the course content and the issue date are encrypted and secured on blockchain, so it cannot be changed, and anyone can check that it is genuine.
100% Verifiable certificates Secured on blockchain
Bonnier Akademi under the brandsByggindustrin AkademiFastighetsnytt Akademi 