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An online intensive professional development training course on

Managing Contractual Liabilities

Using Indemnities and Insurance

Online Training Course Overview

Contracts give rise to a range of liabilities by parties assuming rights, responsibilities, duties and obligations, but which can be managed through contractual mechanisms. They are equally risk management tools which can provide for payment of the consequences of injury or damage to an organisation’s assets - its people and property - and of third parties. This AZTech online training course focuses on principal contractual liabilities, and how risk can be managed through the use of indemnities. It further considers how (and who is best placed to procure) insurance to fund the consequences of various liabilities occurring. It also features the use of contract provisions to reduce the risk of disputes.

Online Training Course Objectives

By attending this online training course, you should achieve these goals:

  • Understand How, When and If Contracts are Legally Enforceable
  • Assess and Manage Key Contractual Liabilities
  • Analyse the Way Indemnities Operate Across Industries
  • Evaluate the Need and Use of Different Types of Insurance
  • Compare Ways of Dealing with Claims and Disputes

Designed For

This AZTech online training course is suitable for a wide range of professionals involved in procurement and contracting, and whether new or experienced in their roles. These may include:

  • Project Managers
  • Contracts Officers
  • Supply Chain Staff
  • Financial Professionals

This online training course will utilise a variety of proven online learning techniques to ensure maximum understanding, comprehension, and retention of the information presented.

The Course Content

Amongst a wide range of valuable topics, the following will be prioritised:

  • How contracts operate
  • Allocation of risks and responsibilities in the agreement
  • Tools and techniques for managing contract non-performance
  • Contract clauses used to limit or exclude liability
  • Force Majeure and Exceptional events
  • Contractor warranties
  • Defect liability
  • How indemnities work, including Knock-for-Knock indemnities
  • Defences to claims to exclude or limit liability
  • How Contractual Liability is managed in Standard Form Contracts (e.g. Fidic contracts)
  • Principles of Insurance

The Course Schedule

10:30 - 11:00

:

Welcome, Setup, Registration (Day 1 Only)

11:00 – 12:30

:

First Session

12:30 – 12:45

:

Break (15 minutes)

12:45 – 14:15

:

Second Session

14:15 – 14:30

:

Break (15 minutes)

14:30 – 16:00

:

Third Session

The Certificate

  • An AZTech e-Certificate will be provided to delegates who attend and complete the online training course

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© 2022. Material published by Aztech shown here is copyrighted.

All rights reserved. Any unauthorized copying, distribution, use, dissemination, downloading, storing (in any medium), transmission, reproduction or reliance in whole or any part of this course outline is prohibited and will constitute an infringement of copyright.


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