Cost-Plus Contracts
In this recorded webinar hosted by ACA NSW/ACT, Special Counsel Christopher Larcos presents an informative session on the ABIC and MBA Cost-Plus Contracts in construction. Don’t miss this opportunity to stay informed.
Originally held 17 July 2024.
NOW AVAILABLE TO PURCHASE ON DEMAND
In this informative session, Christopher Larcos coverS the ABIC (Australian Business Industry Contracts) and MBA (Master Builders Association) Cost-Plus Contracts.
Chris discusses the key differences, options for the ‘plus’ component, how to deal with variations and valuing payment claims. He also covers the benefits of cost-plus contracts in comparison to lump-sum contracts, and how to manage costs and risks in the cost-plus scenario. Includes a comprehensive discussion and valuable answers to questions following the main presentation.
OUR SPEAKER
Christopher Larcos is the Special Counsel for Moray & Agnew Lawyers. He advises contractors, developers, architects and other professionals on various tendering, contracts, security of payment, home warranty, contract administration and claims management issues.
He prepares bespoke contracts and amended forms of Australian Standard contracts, and has extensive PPP, D&C, EPC and EPCM experience. Christopher is registered as both an architect and a solicitor, with over 15 years’ experience as a front-end projects lawyer and over 20 years’ experience as an architect.
COST & BOOKING
Members $30 incl GST
Non-members $60 incl GST
Please book below. If this link doesn’t work on your device, head to the booking link.
For any questions, please contact Katherine Ygosse at webinars@aca.org.au.
CPD
Completion of this 1 hour webinar and submission of answers to CPD questions will deliver 1 formal CPD point.
Learning outcomes:
- The best conditions/circumstances to use a cost-plus contract
- How to set up and administer such a contract
- How to stay on top of cost
- What amendments that might be desirable to provide the best outcome
AACA NSCA – Design Delivery and Construction Phase Services – PC51, PC52
ABWA & APBSA Core Activity – Project Delivery
Links will be provided for recording access and CPD questions. Please complete questions after viewing the webinar in its entirety. Certificates will be provided following online submission of answers to questions. Please keep your receipt, completed questions and certificate for your CPD records.