Variatons Flashcards
What types of variations might be required in construction?
Alterations to design, quantity required, working conditions, sequence of work
When might variations be required?
If contract documents don’t properly state the work requested
What can variations do to a project’s sum?
Add or takeaway from project sum and may push practical completion date backwards
Can variations be valued between contractor and client?
Yes, but cannot take place after practical completion
What is the purpose of interim certificates?
To provide a mechanism for contractors to be paid before work is completed
What regulations govern interim contracts for payment in construction?
HGCR 1994 construction act – housing ground construction regulations
How often can interim or stage contracts for payment be issued?
Once a month
What are interim payments commonly based on?
Work completed that month
What is the final account in construction?
An instrument to ensure all final payments are correct including interim payment, variations etc.
When is the final account prepared?
After practical completion, after all fixes have been made
What considerations are involved in construction disputes?
Delay, design, employees, complexity, quality and work conditions, site conditions, variations
What commonly gives rise to contract claims in construction?
Delay, expenses, extension of time, unforeseen circumstances
What is the purpose of cost reporting?
To inform the client about the magnitude of prediction of actual cost of project
What might ‘all in rates’ include?
All in labour, material and mechanical rates
What does paying workers at the correct standard rate ensure?
That materials get to site, waste, unloading, handling, storage, transport are accounted for
