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A RISE AND FALL CLAUSE COULD PROTECT YOU AGAINST RISING MATERIAL COSTS issues, NECA Victoria’s legal arm, Constructive Legal Solutions is available to assist members in incorporating Rise and Fall clauses into their contracts and/or terms and conditions to mitigate risk.
The cost of materials within the electrical industry has risen a staggering average of 18.7% over the past year, leaving many operators with fixed-price contracts wondering how they will absorb these costs. The same issues can be seen in the broader construction industry, where more construction companies are set to go into liquidation this year as builders are unable to pass on the rising costs of materials. With the cost of materials expected to further increase over the coming months, combined with supply chain
A Rise and Fall clause enables a contractor to adjust prices specified in a contract to reflect any changes or shifts in the costs of labour and materials incurred. This allows for fluctuations in costs to be shared with the head contractor and can assist in mitigating market volatility. The Constructive Legal Solutions team is available to NECA Victoria members to offer advice on a clause that is properly tailored for your business. If you have any queries, please contact Constructive Legal Solutions on 1300 632 247 or email admin@ constructivelegalsolutions.com.au
VICTORIANS LEADING THE WAY WITH APPRENTICESHIPS The $33 million Big Build Apprenticeship program is providing 1,500 opportunities to Victorian apprentices each year for four years to kickstart their careers. The latest National Centre for Vocational Education and Research (NCVER) report shows Victoria is leading the country with the highest increase in apprenticeships, doubling to almost 50,000! Electrotechnology and Telecommunications saw a 177.3% increase and is proving to be one of the most popular apprenticeships. For more information, visit NECA Victoria’s website.
NECA LEGEND PHIL GREEN TO RETIRE After eight successful years at the helm of NECA Education & Careers, NECA Victoria’s registered training and group training organisation, Phil Green is retiring at the beginning of July. During this time Phil has rebuilt the business, its operations and systems and established its reputation as the premier industry training provider and GTO. This has included developing a range of new and innovative training course offerings. Phil has spent 35 years working in and contributing to the electrical industry in both Victoria and NSW. He started in industrial relations, and was the Executive Director of NECA Victoria for 15 years before taking on the role of NECA Education & Careers CEO. After those years of contributing and helping to shape the electrical and communications industry, Phil is proud of his achievements at both NECA and NECA Education & Careers. “The electrical and communications industry has been a fantastic place to work. I’ve met and worked with many
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wonderful people over the years. It’s an industry of constant change, particularly technological change, which not only makes it dynamic but also creates challenges,” said Phil. “That pace of change is accelerating, but what’s different is that now technology is now being driven by digitisation. This is a real challenge for the industry and is why we developed the new training course The Internet of Things for Electricians. Those electricians who don’t embrace and train in the new digital technologies will unfortunately get left far behind.” Phil leaves NECA Education & Careers well positioned to continue growing and servicing the NECA membership and broader electrotechnology industry.
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