Understanding the MF1 Contract

• Engineering managers
• Engineers aiming to make a transition to managerial positions
• Estimators
• Project managers and contract managers
• Buyers and sellers of engineering products or services
• Tender and proposals engineers

Objectives
At the end of the course those who have attended will:

• Become completely familiar with this contract and be able to obtain maximum benefit from its use
• Understand the documentation involved and the content of the contract
• Understand structure of contract and variants in structure
• Learn the techniques of negotiating with this contract and be able to take advantage of the options available to you
• Know what to look for in a good engineering contract. This will benefit even those who do not normally use this particular form of contract

1. Understanding Revision 6

• Analysing the changes included in revision 6
• What do these changes mean to you?

2. The format of the MF1

• What does MF1 contain?
• What are its benefits?
• How is it laid out?
• How does it relate to other contracts?
• The different revisions and the reasons for them
• Scope for the use of MF1; and its derivatives MF2 and MF3
• Is MF1 suitable for overseas or international contracts?

3. Negotiating with MF1

• Using the standard form
• Using non-standard variants
• Understanding amendments proposed by other parties
• Using the appendix
• Using the aide-memoire for special conditions
• Altering the order of precedence of documents
• Using the special conditions provided for specific types of contract

4. Key clauses

• Key clauses about obligations
• Key clauses that assist good project management
• Key clauses that may affect the contract value
• Key clauses about time, progress and delay
• Practical clauses
• The variations clause

5. Title to goods: insurance and indemnities

• When does title pass?
• Why does this matter?
• What are the insurance obligations and the different types of insurance to be affected?
• Who indemnifies whom and in what respects?
• What are the agreed risks of the parties?

6. Testing and handing over

• The three different types of test and their implications
• ‘Taking over’: when it occurs and what it means
• ‘Performance tests’: what are they and what does MF1 provide for?
• How do liquidated damages relate to tests?
• Understanding the special conditions

7. Defects liability and limits of liability

• The provisions about defects liability
• Limits of liability
• The commercial realities

8. MF1 documentation

• The MF1 Form of Agreement
• The MF1 Form of Variation Order
• The MF1 Form of Performance Bond

9. Summing up

• Evaluation of MF1
• Open forum for questions

Are you interested in running this course for your team or organisation?

This programme can be delivered on a date of your choice and at a location of your choice, in other words exactly where and when you need it!

From the outset we will provide you with expert advice and you will be assigned your own personal training adviser who will stay with you throughout the process.  Every team is different so we will provide you with a tailored training programme, designed around your team’s needs and focused on your desired outcomes.

All courses are followed up by a full training evaluation report and certificates of learning for each delegate. For groups of up to 12 delegates per course, our in-company training is a very cost-effective way to develop your people and improve team performance.

Get in touch today for a full quotation to suit your budget.

To discuss your requirements in more detail with one of our friendly advisers please call on 0845 130 5714 or email one of the team at info@contractlawtraining.co.uk.

Alternatively you can complete the short contact form below.