THE HONG KONG INSTITUTE OF SURVEYORS

Code	:	2017136
Event Name	:	Briefing Session on the Standard Form of On-demand Bond
CPD Code	:	Formal Events
Speaker	:	Mr. Edmund Wan, Mr. James Wilkinson and Mr. Rocky Cho
Event Date	:	2017-08-15
Event Time	:	7:00 pm - 8:30 pm
CPD Hour(s)	:	1.5
Venue	:	Surveyors Learning Centre, Room 1207, 12/F, Wing On Centre, 111 Connaught Road Central, Sheung Wan, Hong Kong
Division	:	HKIS
Organizer	:	HKIS and the Construction Industry Council
Fee	:	Free of charge for HKIS members
Priority	:	For HKIS member only on a first-come-first-served basis
Language	:	English
Details	:	The Construction Industry Council (CIC) strives to foster a fair and equitable environment for the construction industry when conducting their businesses. The use of performance bonds in construction projects had raised concerns over its abuse and the general stifling of the industry’s competitiveness. A Task Force was formed under the CIC to examine the issues surrounding performance bonds and to make recommendations on best practices when exercising the rights and obligations under such bonds. The “Standard Form of On-demand Performance Bond with Conditions” was produced by the CIC as a fair and reasonable option to pursue on-demand bonds in construction contracts. At the same time, the CIC encourages diligent project management, supervision as well as equitable risk sharing as viable means to ensure contractor performance and satisfactory project delivery. This session will introduce to the audience the issues and considerations on the use of performance bonds, the features of the Standard Form and the enforcement of performance bonds.
Remarks	:	FULL (NO WALK IN AVAILABLE)
Payment	:	HKD
Face-to-Face/Zoom	:	Please refer to the remarks

1.	The registration fee is non-refundable and non-transferrable.
2.	A registration number will be generated for each application. The registration number is unique and non-transferrable. Members cannot proceed to payment if they do not apply the CPD event and obtain the registration number through the HKIS website.
3.	Payment can be made by cheque or by Credit Card (Shanghai Commercial Bank Ltd. / American Express). Cheques should be made payable to “SURVEYORS SERVICES LTD.”. A separate cheque or Credit Card payment instruction form is required for each event/ application. You should write down the registration number and HKIS membership number at the back of your cheque. The HKIS Secretariat will update the payment status and your application will be confirm when HKIS Secretariat receive your payment.
4.	Payment by PayPal is also acceptable. Please register in our web site before the closing date for each event. Please be reminded that if you cannot settle the payment within 7 days from the date the HKIS Secretariat accepted your registration, your registration number will be invalid and your application will be rejected. Your name will not be included in the registration list and you cannot attend the concerned CPD event. (Not applicable for site visit / social event / joint event with other organisation)
5.	An official receipt which must be presented at the event, will be available for downloading from the "CPD Profile" under Members Corners when payment is received.
6.	Incomplete or wrongly completed registration will not be processed.
7.	In the event a Typhoon Signal No. 8 or above or Black Rainstorm Warning is hoisted, the event will be postponed and a new arrangement will be announced. Should the aforesaid warnings be lowered 4 hours before the event, the event will proceed as normal.
8.	If you have not received any reply from HKIS Secretariat within 7 days of the event, you may call the Secretariat at 2526 3679 to check the progress of your registration.
9.	The HKIS reserves the right of final decision and interpretation in the case of any disputes.

1.	I confirm that I fully understand and accept the risk of joining the above visit. Under no circumstances shall The Hong Kong Institute of Surveyors ("HKIS"), their staff or agents be held liable for the consequence of any accidents whether or not they are caused by the negligence of the HKIS, their staff and/or agents.
2.	Members participating in the above visit shall be in good health condition.
3.	While the HKIS has arranged Group Personal Accident insurance for members joining the above visit, members who have been accepted for joining the above visit can consider procuring an appropriate insurance policy to cover their own risks before attending the event.
4.	Claims related to COVID-19 and/or pandemics are excluded under the insurance policy procured by the HKIS.