All 4 tasks freeIntermediate
Interim payment on Ashbrook (with a US pay application)
Price an NEC4 Option B assessment on Ashbrook: the Y(UK)2 and Construction Act timetable, the Price for Work Done to Date with X16 retention, pay less notices and VAT; then check a US AIA G702/G703 pay application with retainage, stored materials, change orders and lien waivers on Hollis Yard.
United Kingdom · English- 4 tasks
- 3.0 h of study
- Certificate of completion
Who this course is for
Invented character and company, drawn for this case
What you will do
Every figure is recomputed from the case data.
You will be able to
- Value work done from progress readings
- Apply retention and VAT to an interim payment
Skills checked
- Assess the NEC4 Price for Work Done to Date with X16 retention
- Time payment and pay less notices under the Construction Act
- Work out the amount due for the month
- Prepare a US AIA G702/G703 application with retainage and stored materials
Tasks
- 1The payment timetable: assessment, due date, final date, pay lessContractsWatch 6 minWatch 6 min
- 2Assessment 6: Price for Work Done to Date and retentionContractsWatch 6 min
- 3Notified sum, pay less notices and VATContractsWatch 6 min
- 4US comparison: AIA G702/G703 pay application on Hollis YardContractsWatch 3 min
Certificate
Files you work with
Created in your OpenConstructionERP workspace the moment you enrol.
- project
- parties4 records
- contract
- Contractsprogress records5 lines
Before you start
No other course is needed first. You can start with this one.
Questions
How long does the course take?
4 tasks · 3.0 h of study
Is it free?
All 4 tasks free
Do I get a certificate?
Awarded when all 4 tasks pass the numbers, trace and explain checks.
Questions about this course? Write to info@datadrivenconstruction.io