This usual twelve months maintenance period may only require a couple of site staff to lead a few workers to carry out the outstanding and remedial work and to maintain the as-built works in good condition until the final handover to the end user or the award of “Maintenance Certificate”. However it is noted that …
Also known as Unit Price Contracts The Re-measurement Contract contains a Bill of Quantities ( BQ )provided by the employer or its consultants, however, the BQ quantity is estimated and not final . The contractor will quote against each BQ item and enter a unit rate or unit price to build up the total contract price …
Below shows some common contract types used in construction. It is also prudent to remember that the contract type is a base and most contracts have their own unique complications to the type. Lump Sum Contract The Lump Sum Contract can sometimes be called ‘Stipulated Sum’ and is the most basic form of agreement where the contractor/supplier …
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