Construction Contracts

Question 1

What is the difference between NEC and JCT contracts?

Answer 1

1 Price
The JCT Contract is a fixed price lump sum contract. NEC Option B offers a fixed price lump sum contract but Options C and D are target cost contracts.

2 Provisional sums
The JCT Contract contains provisional sums, whilst the NEC Contract does not.

3 Cost scrutiny
In a JCT contract there may be some cost scrutiny via the contract sum analysis and tender negotiations but the NEC contract has an open book procedure with the key concepts of defined cost and disallowed cost.

Question 2

How long will it take to complete a fit out?

Answer 2

If handing over in groups of 4-5 apartments . Takes 6- 8 weeks for fitout.

Question 3

How would you use a program to show how long a fit out would take?

Answer 3

Use activities and filter out elements and activities

June 10th Rec

Question 4

List key dates in procurement schedule

Answer 4

Agree work packages list
Design information complete ( architect, engineer, service)
Design packages to QS
Schedule and quantity complete
Tender package issued
Enquiry sent to work package subcontractors
Tender return
Technical checks complete
Work packages negotiation complete
Appointment work package subcontractors - letter of intent.
Arrange work package contract to be signed
Working drawings issued
Lead time required
Commencement bdate on site planned

Question 5

What are the arrangement for procuring work packages

Answer 5

The ffg routine may be followed
Select 8 potential subcontractors

Short list