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The section on NEC3 Option B discusses the complexities of payment structures, focusing on re-measures and compensation events. The speaker aims to clarify these concepts by the end of the session. The presentation begins with an introduction to the speaker's company, which supports the engineering and construction industries from inception to completion, emphasizing expertise in expert witness services, planning, and dispute avoidance. The sessions are designed to highlight potential pitfalls and equip participants with strategies to address issues that may arise during projects.