Q&As Flashcards
RICS Dispute Resolution Service
What is the RICS Dispute Resolution Service (DRS)?
Appoints Arbitrators, Adjudicators, Mediators, Independent Experts, Dispute Board members and Expert Witnesses
Operates in 17 countries around the world
The oldest and largest specialist Built Environment Dispute Resolution and Avoidance service provider in the world
There are currently 19 RICS Dispute Resolution Professional Standards, Practice Statements and Guidance Notes published and updated
Afternoon keynote address Global Professional and Ethical Standards - Peter Bolton King
What is best practice for a model professional?
Client and customer centric
Life long learner (CPD)
High level of competence, knows their limits
A trusted, independent advisor
Good communication skills
Is reliable and accountable
Provides added value and thinks ahead
Natural capital
What is natural capital and the plans to improve it?
Natural Capital is the stock of natural assets, e.g. habitats, soils, water and biodiversity
Using and managing land sustainably:
- Environmental net gain
- Improving management of land and incentives
- Improving soils health
- Focus on woodlands
CPD 1 2020: Ambient loop / carbon zero
What is the solution in the future, if a 35% carbon reduction target is sought in residential developments?
Heat pumps
CPD 3 2020 Module Test: Designing daylight solutions for commercial buildings
Why are views outside important in offices?
Helps reduce discomfort for workers
Improves productivity
Good for general health
CPD 4 2020 Module Test: Designing commercial buildings for improved health and productivity
What is the recommended lighting level for loading bays in warehouses?
150 lux
CPD 5 2020: Natural ventilation; the principles, benefits and practicalities
What are the advantages of natural ventilation over mechanical air-conditioning?
Reduces capital costs
Saves energy
Better indoor air quality
Saves on plant room space
CPD 7 2020: Building Regs Parts L and F: Planned Changes
What area of building performance does Part L assess?
Conservation of fuel and power
CPD 8 2020: Specifying acoustic architectural glazing
Which part of the Building Regulations covers noise?
Part E
Building Mag Webinar - Construction strategies to meet the 2050 net zero target
Learnt that any new developments put forward to Government bodies, they need to look at MMC first and provide reasons why it’s not suitable before looking at other methods
From a holistic point of view, timber is the optimum MMC solution
Collateral Warranties and Third Party Rights
Why are collateral warranties are required and what are step-in rights?
Privity of contract: “the relation between the parties in a contract which entitles them to sue each other but prevents a third party from doing so”.
Step-in rights: this allows the Employer to step-in to the shoes of the Contractor, if the Contractor becomes unable to complete the construction. This would normally occur where the Main Contractor has become insolvent. Step-in rights allows the Employer to continue to pay the subcontractor to fulfil all other obligations that the Main Contractor had under the subcontract or appointment in return for the subcontractor continuing to complete the works. The subcontract or appointment should be drafted to make the exercise of these right optional as the Employer may not want to be forced to step-in as this may not be financially prudent for them.
Consideration of Delay and Extensions of Time
What is the definition of liquidated damages?
A genuine pre-estimate of loss
Design responsibility in construction
What is the extent of the Contractor’s design responsibility under a standard unamended D&B contract?
Under a standard unamended D&B contract, the Contractor is only obliged and responsible for carrying out only the design it carries out itself. So where a proportion of the design has already been prepared by professionals for the client prior to the contractor becoming involved, then the contractor is only responsible for that which it carries out itself i.e. the completion of the design.
However, it’s typical for the D&B contract to be amended so that the contractor is responsible for the whole of the design for that project i.e. not only the design the contractor carries out, but also the design carried out by the professionals beforehand (via Novation).
Integrated Project Insurance
What is Alliancing?
A commercial/legal framework between a client and other participants for delivering one or more capital projects, characterised by:
- Collective sharing of project risks
- No fault, no blame and no dispute between the alliance participants (except in very limited cases of default)
- Payment of the other participants under a three-limb commercial model;
- Reimbursement of direct project costs on 100% open book basis
- A fee to cover corporate overheads and normal profit
- A gain share/pain share regime where the rewards of outstanding performance and the pain of poor performance are shared equitably among all alliance participants
- Unanimous principle-based decision-making on all key project issues
- An integrated project team selected on the basis of best person for each position
Lifecycle costing for construction projects
What is the differences between whole life costing and life cycle costing?
WLC includes all costs and incomes (including land costs for example)
LCC is about the costs (only) associated with the building
