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  • Financial Services Alerter - January 2017 developments

    Newsletter

    Submitted: 16 February 2017

    Issue 108 of this regular bulletin summarising significant legal and regulatory developments of relevance to the fund management and investment banking communities.

  • The FRCN and codes of corporate governance in Nigeria

    Article

    Submitted: 09 February 2017

    An overview of the Codes of Corporate Governance for Private & Public Companies, the Public Sector and Not-for-Profit Organisations.

  • Is there an implied acceptance of programmes? Restricted access

    Online Learning

    Submitted: 08 February 2017

    ​Given how central the programme is to the NEC it must be important that everyone works to the same, up to date, version of it. What happens then if a contractor submits a programme and hears nothing back? Is it accepted or not, does it make a difference?

  • How much detail should the Programme include? Restricted access

    Online Learning

    Submitted: 08 February 2017

    For long and complex projects the programme can itself be complicated. How much information should anyone reasonably expect to see on a programme and does the distance away from “time now” matter? If things are further in the future is it ok to be a little more vague about them?

  • Is an NEC programme just a bar chart? Restricted access

    Online Learning

    Submitted: 08 February 2017

    The programme is central to most process under the NEC but what exactly is the programme? If it isn’t just a bar chart what exactly is it or what could it include?

  • Legal Headwinds: UK/EU - Quarterly Report - Q1 2017 Restricted access

    Newsletter

    Submitted: 26 January 2017

    The Q1 2017 edition of Legal Headwinds focuses on key legal and regulatory developments relevant to financial institutions operating in the UK for the period from 01 January to 31 March 2017.

  • Does the payment mechanism under NEC, led by the Project Manager, work efficiently? Restricted access

    Online Learning

    Submitted: 23 January 2017

    Most contracts assume the contractor will lead the payment application cycle with the certifier reviewing the application. Why is the NEC different in this regard in having the process led by the PM? Does that actually happen in practice and is the distinction important in any event?

  • Why do Options C, D, and E allow the PM to disallow costs? Restricted access

    Online Learning

    Submitted: 23 January 2017

    ​Disallowed cost is a subject that makes almost everyone, no matter which side of the contract they sit on, slightly hot under the collar. Why is it really needed under some forms of contract? Is there an alternative better approach? What happens when disallowed cost is wrongly applied?

  • How do I recover my subcontractors overheads as well as my own without double claiming or missing out? Restricted access

    Online Learning

    Submitted: 23 January 2017

    The NEC allows recovery of “Defined Cost” plus fee with each contract having a slightly different approach to the calculation of Defined Cost. How do you make sure that those definitions tie up with the supply chain so that no one is recovering extra percentage uplifts and therefore extra profit but equally no one is exposing themselves to risk of the unknown in pricing someone else’s fee.

  • Changes proposed to the Commercial Code of Ethiopia

    Article

    Submitted: 16 January 2017

    An overview of the proposed key changes to the Commercial Code in light of Ethiopia’s current economic climate and its development goals.

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