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Contract Management: Understanding Contract Formation, Consequence of Breach and Implementation of Mitigating Measures

Date To Be Announced / HDB Centre of Building Research

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Introduction

A valid and legally binding contract is an agreement that creates legal rights and obligations between two or more people or entities such as companies, corporations and organisations.A contract may be used for various transactions, including the sale of land or goods, or the provision of services. However, in everyday life, very often, we are also entering an implied contract each time when we make a purchase at any store, order a meal at a restaurant or watch a movie at a cinema, etc. without even thinking about it.Under the contract, if either party fails to perform their duties according to the contract terms and conditions,without lawful excuse, it can lead to a breach of contract situation, and in this regard, appropriate remedy, subject to the nature and severity of the breach, may be awarded to the innocent party.It is therefore important for parties to a contract to understand their respective legal rights and obligations, implement mitigating measures and carry out the duties accordingly to avoid disputes and possibly, time consuming and costly court proceedings.

Course Objectives

This short course is structured through lectures and case studies to enhance the learning experience. The participants will learn through this short course about the contract formation, breach of contract, remedy, civil proceeding as well as mitigating measures in respect of civil liability arising from the breach of contract. Court judgments on contractual issues are used to explain the court’s decision and reasoning in making the particular court order.

Outline:

Contract Management: Session 1 (1/2 day)

  • What Is a Contract?
  • Elements of Contract
  • Common Types of Contract

Construction Contract

  • Employment Contract
  • Tenancy Contract
  • Goods/Services Contract

Contract Management: Session 2 (1/2 day)

  • Key provisions of Contract Terms and Conditions
  • Breach of Contract
  • Reference Court Judgment

 

Contract Management: Session 3 (1/2 day)

  • Categories of Remedy
  • Civil Liability Mitigating Measures
  • Reference Court Judgment

 

Contract Management: Session 4 (1/2 day)

  • Types of Civil Proceeding
  • Enforcement of Court Order
  • Reference Court Judgment

The Trainer

Mr HC Lim

BEng (EE), MSc (IE), LLB (Hons), BSc (Economics) Hons, P.Eng, C.Eng, Sr MIES, MIET, ACS, ACIS is Principal Consultant of Pinnacle  Engineering and Management Consultancy, a translator, an advisor for parties in adjudication as well as a certified ACTA trainer and assessor. He also holds a diploma in business administration, specialist diplomas and advanced diploma in Funds Management and administration,

E-Commerce Technologies and Multimedia Development from the local polytechnics, a certified diploma in Accounting and Finance from ACCA and a Graduate Certificate in International Arbitration from the Faculty of Law, NUS. In dispute resolution aspect, he is a SOP accredited adjudicator, fellow of the Singapore Institute of Arbitrators and an accredited mediator of SISV Panel of Mediators.

 

He was Director (Contracts) of the Network Development Division, SP PowerGrid before venturing into training and management Consultancy services. He has had more than 30 years experience in the transmission and distribution network development, operations and maintenance, street lighting operations, management of Safety and Security units and support services for the company’s opera- tions.

SSG Approved Course
Eligible for SSG & Skillsfuture credit (T&C apply)

  • Refreshment and buffet lunch will be provided
  • Certificate of attendance will be given to all participants
  • Complimentary parking lots are available on a first-come-first-served basis

CPD POINTS

PEB Points – (will be updated)
Group discount: Sign up 2 pax and 3rd one attends FREE

*SSG Funding is available for this course. Prior to registration companies are required to enroll their staffs (Singaporean or Singapore Permanent Resident) through the SSG Skills Connect system @ www.skillsconnect.gov.sg
Eligible applicant only pays the balance of course fee after SSG course fee support.

Details

Start:
9 Dec 2020
End:
10 Dec 2020
Cost:
$790
Event Category:

Venue

HDB Centre of Building Research
No. 10, Woodlands Avenue 8, Singapore 738973 Singapore
Phone:
+65 91388967

Organizer

Laures Academy
Email:
register@lauresacademy.com
Website:
lauresacademy.com

Tickets

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Contract Management: Understanding Contract Formation, Consequence of Breach and Implementation of Mitigating Measures
$ 790.00
Unlimited

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