Contracts Management in Construction Projects

Contracts Management in Construction Projects, Contracts Management, Contract Administration, FIDIC, Bank Guarantees, Contracts, Letter Drafting, Quantity Surveying.

Every construction project is bound by a Contract. Proper Contract Management plays a major role in the effective management of your construction projects. Adhering to all the Contractual obligations, the terms and conditions can save both cost and time. There are a few standard Contract Forms that is followed in a Construction project mainly FIDIC (International Federation of Consulting Engineers), NRM (New Rules of Measurement), JCT (The Joint Contracts Tribunal). The procedures to commence work, the documents required at each stage of the project, variation procedures, payment terms, basis for termination and suspension of works by either party, completion of work, roles and responsibilities of all the stakeholders and their staff, dispute resolution methods, Arbitration procedures, etc are all mentioned in the contract.

By the end of this course you will learn:

– The Different Contracting Arrangements utilized in different types of construction projects.

– FIDIC Red Book Timelines. A thirty-minute lecture contains the entire FIDIC Conditions of Contract for Construction for Building and Engineering Works timelines that need to adhere in the construction works.

– Helpful tips & step by step procedures on how to draft a contractual letter.

– The Different Bank Guarantees in the Construction project.

So what are you waiting for? Enroll in this course to learn something new and different.

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