Principles of pricing and payment
In the simplest contracts for construction, the amount to be paid to the contractor may have been pre-agreed as a lump […]
Project managment
Price variation provisions
In times of inflation it may be advisable to include clauses within the contract which set out how the contractor
Price increase records
As mentioned in Sections 3.2(a) and 16.8 contracts extending over a lengthy period of time may incorporate a price variation
Price adjustment
Some contracts contain a price variation clause in order to protect the contractor against the risk of rising prices due to
Preamble to bill of quantities
There must be a preamble to the bill of quantities in which is stated, among other things, the following: the method
Pre-payments
An employer will rarely make an unconditional pre-payment, that is, a down payment to a contractor at the start of
Powers not delegated to the resident engineer
There are certain powers which the ICE conditions do not permit the engineer to delegate to his resident engineer. These are:
Practical compliance with concrete standards
It can be seen that although designing a trial mix to meet a given grade can be done within a reasonable
Pre-commencement meeting and start-up arrangements
Once an award of contract has been made, a meeting is necessary with the selected contractor to make preparations for starting
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