Design and Build Procurement/Design and Build Contracts in Construction

In the design and build contract/procurement method (also called as design and construct contracts), the contractor is appointed to design and built the project. In most other procurement methods,...
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Management contracting

Introduction Management contracting procurement method is using in large and complex projects. By using this procurement, method client can reduce their risk and transfer management...
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Provisional sum/Day works/legislative adjustments in construction as per FIDIC 99

Provisional sums in construction under FIDIC 1999 Provisional sums in construction are the best guest values provided by the consultants at the tender stage, For works cannot be determined at the...
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Cost reimbursement contract/Cost plus Contracts

Cost reimbursement contract (cost plus Contracts) Cost reimbursement contract is also known as the Cost-plus contracts. Unlike the fixed price contracts, quantities are not prefixed in the...
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Variations in construction -under FIDIC 1999

Variations in Construction Variations are also called as change orders in construction. Any modification or change to works (agreed in the contract) is treated as a variation. These modifications...
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How to form a valid contract with 4 Key elements

A legally binding agreement between two or more parties is treated as a contract. As a Quantity Surveyor, it is essential to know the key elements of a valid contract.  Before we move on to key...
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Why Remeasurement(Re measurable) contracts / Unit price contracts

The re-measurable/remeasurement contract is the most popular type of contract used in the former construction industry. But even so, large construction companies are using this method to hire...
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Procurement methods in Construction/ types of contracts

What is procurement means to the construction industry? Meaning of Procurement in everyday language is the action of acquiring or obtaining process of any kind of service or commodity. When its come...
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