In this course you’ll learn what a novation agreement does, why it is used on design and build projects, and how transferring a consultant from the employer to the contractor shifts design responsibility. You’ll also see the commercial issues a Quantity Surveyor needs to check before agreeing to novation, from pre-novation liability and design ownership through to collateral warranties and unpaid fees.
What Does This Course Entail?
One Video
One Detailed Transcription
Key Points
One Quiz
How Long Will This Course Take?
20 minutes
Curriculum
- 1 Section
- 2 Lessons
- Lifetime
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- What Is a Novation Agreement in Construction?3
