Construction contracts are the legal documents that outline each party’s obligations and roles, as well as the process by which the project will be carried out. As a result, accuracy is crucial to uphold the legal duties in a legal contract. Both parties are obligated by construction contracts to carry out their stated obligations and…
The NEC or the New Engineering Contract is a structured set of contracts designed in such a manner to manage a project such as a civil or construction engineering project, from the foundation to the completion phase. These contracts are discussed and recorded in plain English, with an easy-to-understand framework. For an agreement to be…
The umbrella term used for disputes between stakeholders in the construction industry such as Property owners, contractors, sub-contractors, and suppliers is known as construction dispute resolution. Disputes in the Construction Industry – Common CausesConstruction disputes arise out of these reasons mainly: Defects in the execution of the project, variation from the originally agreed scope of…
A quantity surveyor is a common term in the construction industry. You must have heard about this job role of quantity surveyor consultant if you are involved with the construction industry. They are often known as “cost managers” or “cost consultants” who screen, work out, monitor, negotiate, and counsel on various stages of construction Whatever…
As we work towards the conclusion of another year, it is time to reflect on the events of 2023 and consider what lies ahead in 2024. The construction industry continually faces economic challenges that impact stability and growth and undoubtedly, 2024 won’t be any different. In this post, we consider matters which are likely to…