A certificate of making good defects, also known as a defects certificate, is typically issued at the end of the defects liability period.
Section 4
Tendering in construction is the process of soliciting bids from potential contractors for a construction project.
The benefits for a client using bonds in a project include financial protection, reduced risk, enhanced credibility and peace of mind.
The role of a Quantity Surveyor (QS) in construction is to manage the costs and financial aspects of a project, from the initial planning stages through to the final construction and post-construction phases.
The tender process in Local Public Authority (LPA) tendering refers to the procedures used by LPAs to select contractors for the delivery of construction projects.
A prime cost is a type of budget item in construction projects that refers to the cost of a specific item or service that is procured separately from the main contract.
When developing a budget for a construction project, several factors need to be taken into account, such as scope, risk management and obtaining licences among others.
The restrictions imposed on a LPA when tendering include legal and political considerations, public procurement regulations, EU rules and transparency.
A Clerk of Works (CoW) is a construction professional who is responsible for overseeing the quality and workmanship of a construction project on behalf of the client or owner.
The main difference between a contract under hand and a contract under seal is the formalities required for execution.
A tender report is a document that summarizes the results of a tendering process and provides a detailed evaluation of the bids received from potential contractors or suppliers.
It’s not common for a Quantity Surveyor to write the specification for a project, as this task is typically carried out by the design team.
Several factors are considered when deciding on the most suitable procurement and tendering method such as risk, timing and uncertainty among others.
Single-stage tendering and two-stage tendering are two different methods used in the procurement process to solicit bids from potential suppliers or contractors.
A payment bond is a type of bond that guarantees that a contractor will pay all subcontractors, suppliers, and workers for their work on a project.
A Pre-Qualification Questionnaire (PQQ) is a document that is used in the procurement process to assess the qualifications and capabilities of potential suppliers or contractors before they are invited to bid on a project.
A subcontractor can be appointed to a main contractor in several ways, including through a nomination, naming or domestic subcontracting process.
Turnkey procurement is a method where a client hires a single contractor to design, build and fully equip a project, then hand it over to the client when completed, ready to use.
A contract administrator plays a crucial role in the construction industry, overseeing the day-to-day management of construction projects
There are several main contract procurement methods, such as the Traditional, DnB, Partnering, Management and Frameworks.