A valuation is the process in which the completion of a certain amount of works carried out by the Contractor, is verified by the Contract Administrator prior to requesting a payment from the Client.
construction
A Contractor is paid on the basis of the initial agreement with the Client in terms of payment frequency, depending on the size of the project.
When a client is constantly adding more work than was originally agreed, you might find yourself in a situation called ‘Scope Creep’.
Site vandalism is not uncommon and the responsibility for preventing it depends on the stage that the project is at.
A Variation is only one of the various types of Instructions that the Contract Administrator has the power to request.
A Variation (sometimes referred to as a variation instruction, variation order or change order) is an alteration to the scope of works in a construction contract in the form of an addition, substitution or omission from the original scope of works.