Completion Claims & GST
Transcript of Completion Claims & GST
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About Completion, Claims and GST
Date: 29 February 2016 (Monday)Time: 14:30 to 17:30 (Registration starts at 14:00)Venue: Convention Hall, Universiti Teknologi Malaysia, Johor BahruFee: RM120.00 RICS/RISM member, RM150.00 Non-memberLanguage: EnglishCapacity: 70 (first-come, first-served)Deadline for registration: 27 February 2016CPD Point To be applied for: BOVAE, BQSM & LJT
Speaker
Ms Eugenie Lip
BSc (First Class Hons) MSc (Construction Law and Arbitration) Kings College London
FRICS FSIArb FQSi MCIArb MSISV MCIOB MSProjM CQP MCQI
Event Overview
Synopsis
PART I : When Completed, What Next?When a construction project reaches completion, it marks a milestone in terms of risk transfer,
payment issues and damages liability. What constitutes completion is significant and different
contracts describe it in a variety of ways with expressions such as practical completion, completion
and taking over to connote completion. The first part of the seminar discusses the key watchpoints
that the Employer and the Contract Administrator should be aware of when the works are said to be
completed under the PAM Contract Form, JKR Form and the FIDIC Conditions of Contract.
PART II : Claims Key Issues for the Practitioner
Claims a word which means different things to different people and can cause strained relations,
endless exchanges of correspondence and considerable resources. Claims are simple to originate
but not always easy to substantiate. What are the records a Contractor should be expected to keep
for satisfactory demonstration of his entitlement? What are the potential heads of claim to be
considered?
The second part examines these key issues within the contractual environment, the
supporting documents necessary for evidential purposes and how claims should be ascertained to
ensure the Employer pays no more in time and cost, and the Contractor recovers no less.
PART III : GST Essentials Revisited
The Goods and Services Tax (GST) came into effect on 1 April 2015. For the construction industry,
its unusual payment system and development process attract a unique set of requirements for GST
reporting and accounting. There are also transitional matters to be considered especially for projects
straddling the GST implementation date.
This final part discusses the basic concepts of GST from the practice perspective and the attendant
effects on issues such as progress payments, retention fund, final accounts, tender deposits and
liquidated damages. It will also include an overview of the practice guidelines and approach forsegregation of construction costs in respect of mixed developments where only the input tax for the
taxable supply (or non-residential) component can be fully recoverable.
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Speaker Profile
Speaker Profile
Eugenie Lip is an Executive Director with Davis Langdon KPK andheads the Contracts Support Group. She is a Chartered QuantitySurveyor and holds a Bachelor of Science (First Class Honours) andalso a Masters degree in Construction Law and Arbitration (withDistinction in Dissertation) from Kings College, London.Eugenie is a Fellow of the Royal Institution of Chartered Surveyors, theSingapore Institute of Arbitrators and the Quantity SurveyorsInternational, and a member of the Chartered Institute of Arbitrators,Singapore Institute of Surveyors and Valuers, Chartered Institute ofBuilding, Society of Project Managers and the Chartered QualityInstitute. She is also a member of the Panel of Arbitrators with the
Singapore International Arbitration Centre, the Singapore Institute ofArbitrators, the Kuala Lumpur Regional Centre for Arbitration and theSingapore Institute of Architects.Eugenies unique expertise is in the specialised fields of constructionlaw, contract advisory work, construction contracts, procurement andproject delivery strategies, standard contract forms, dispute resolutionand management and in all aspects of contract administration andprofessional practice matters.A regular speaker at local and international conferences and seminars,Eugenie also holds senior adjunct lectureship and specialistappointments in construction law and contract administration withuniversities and as a thought leader, writes frequently for constructionrelated publications like the RICS Asia Modus journal and DavisLangdon KPKs Research Digest Client Practice Note.Eugenie is the author of the Contract Administration Handbook for usewith FIDIC Conditions of Contract for Construction and othercompanion contract administration practice handbooks for use withvarious standard contract forms. She is also the co-author of theContract Administration Guide to the Singapore Institute of ArchitectsConditions of Building Contract and also the Contract AdministrationGuide to the Real Estate Developers Association of Singapore Designand Build Conditions of Contract.
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Remarks
The organiser reserves the right to cancel or reschedule the function at theirdiscretion
You will only receive an e-mail notification from the RICS office confirmingyour registration status. You are advised to call RICS office (+603 7955 3279)to confirm your registration status if you have not received an e-mailconfirmation prior to the event
No refund can be made for cancellation or no show but a substitutedelegate is normally permitted. Please inform RICS at least one day prior theevent
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Methods of payment
1. By Cheque
Please mail the crossed cheque made payable
in Malaysian ringgit to RICS INTERNATIONAL
Ltd. and attach along with the completed
registration form to Esther Teo at No.40, 2ndFloor, Jalan 52/4, Petaling Jaya, 46200, Selangor.
2. By Cash
Please mail/drop off the Registration form andcash personally at RICS Malaysia office.
3. By Bank Transfer
PAYEE: RICS International Limited
BANK: HSBC Bank Malaysia Berhad
A/c Number: 105-351621101
ADDRESS: KLH main office, No 2, LebohAmpang, 50100 Kuala Lumpur
SWIFT CODE: HBMBMYKL
Delegate information
About Completion, Claims and GST
Delegate fees
RM 120 RICS/RISM memberRM 150 Non-RICS member
For enquiries, please contact the RICS Malaysia office at +603 7955 3279 or fax at +603- 7955 3413
To register, please complete the Registration Form and return it with payment to Ms Esther Teo([email protected])
Date: 29 February 2016 (Monday)Time: 14:30 to 17:30 (Registration starts at 14:00)Venue: Convention Hall, UTM, Johor BahruDeadline for registration:27 February 2016