Review, Analysis & Control of Construction Contract Payments

🎯 Why This Course?

Contract payments are the financial lifeline of any construction project. Delays, mismanagement, or unclear procedures can lead to disputes, project stagnation, and even legal complications.

This course empowers construction professionals with the tools and frameworks needed to manage, analyze, and control payment processes effectively across all project stages. With real-world insights tailored to GCC practices, participants will gain the confidence and clarity to protect their organization’s financial and legal interests.

🎓 What You Will Gain

• Master the full cycle of construction contract payments
• Analyze payment clauses and legal implications in FIDIC and custom contracts
• Identify risks, bottlenecks, and cost overrun triggers
• Implement best practices in payment certification, approvals, and dispute avoidance
• Learn how to prepare defensible interim and final payment claims

👥 Who Should Attend

This course is ideal for professionals in:

• Contract Management and Engineering
• Project Finance and Construction Accounting
• Quantity Surveying and Cost Control
• Legal and Compliance teams in construction firms
• Consultants and Developers managing EPC or Design-Build projects

🧭 Course Structure – 5 Days of Deep Practical Learning

🗓️ Day 1 – Foundations of Contractual Payments in Construction

• Types of construction contracts and payment structures
• Overview of FIDIC clauses related to payments
• Progress vs. milestone-based payments
• Stakeholders in the payment cycle (Owner, Engineer, Contractor)
• Case Study: Payment disputes in regional projects
• Exercise: Mapping the payment flow of a real project

🗓️ Day 2 – Payment Clause Analysis and Legal Risk

• In-depth review of payment clauses in FIDIC 1999/2017
• Rights and obligations of each party
• Common ambiguities and loopholes
• Retention money and advance payments
• Legal consequences of delayed or partial payments
• Workshop: Redrafting payment terms to minimize conflict

🗓️ Day 3 – Managing Interim Payments and Variations

• Interim payment applications: format and substantiation
• Engineer’s certification process and response time
• Valuation of variations and provisional sums
• Handling claims for delay/disruption-related payments
• Disputes related to certification and rejection
• Simulation: Preparing and reviewing an interim payment request

🗓️ Day 4 – Final Account & Closeout Procedures

• Preparing and negotiating the final account
• Handling back charges, damages, and deductions
• Time bars and notification requirements
• Auditing and verification of final payments
• Dispute avoidance at contract close
• Group Case: Final payment analysis in a complex project

🗓️ Day 5 – Control Mechanisms, Disputes & Best Practices

• Payment control systems: procedures and tracking tools
• Common red flags in contractor billing
• Role of project controls and finance in payment validation
• Handling payment-related disputes: ADR, DABs, arbitration
• Regional best practices from Saudi Arabia and the GCC
• Final Project: Payment control plan for a hypothetical contract