This was a presentation delivered by Robert Langley, partner and head of the construction and engineering team at Muckle LLP, on Tuesday 7th October. The event was organised and hosted by the APM North East branch and was entitled 'Project contracts and how they support collaborative working'. It was held at the Radisson Blu hotel in Durham.
The International Construction Contract governs the relations between a company (Contractor) and its client (Employer), located in different countries, for the undertaking of a works project. Construction Contract.
This was a presentation delivered by Robert Langley, partner and head of the construction and engineering team at Muckle LLP, on Tuesday 7th October. The event was organised and hosted by the APM North East branch and was entitled 'Project contracts and how they support collaborative working'. It was held at the Radisson Blu hotel in Durham.
The International Construction Contract governs the relations between a company (Contractor) and its client (Employer), located in different countries, for the undertaking of a works project. Construction Contract.
Vendor Contract Issues for Boards of Common Interest DevelopmentsConstruction Cicerone
Why should a Board consider hiring an attorney for a proposed vendor contract? Even when a contractor performs “vendor” services, or simple maintenance work on a project, let alone major repair work, a number of events that may have significant impact on an association can occur without an agreement prepared by association counsel(see road map slides.
Types of Contract in Construction ManagementShahin MB
Types of Contract in Construction Management
Lump Sum Contract
Cost plus Fixed fee
Cost plus bid fee contract
Guaranteed Maximum
Negotiated
Unit price Contract
Design build
turn key contract
Unit Price
Fixed Price or Lumpsum Contract
-Fixed Price with Incentive Fee Contract
--Point of Total Assumption
Cost Plus or Cost Reimbursable Contract
-Cost Plus with Incentive Fee
Implied or Quasi Contract
Unilateral Contract
Bilateral Contract
Government Contracts 101 - Understanding the Basics of Contract Types Unanet
This is the slide deck from a recent Unanet webinar. We looked at the three main types of government contracts and the new hybrids that have cropped up in recent years. Whether you are new to Government Contracting, or are a long-term GovCon, there will be a little something for contractors of all shapes and sizes and all levels of experience.
Learn more at: https://www.unanet.com/news/demand-webinars
Contract management is the systematic process of creating, administering, and enforcing contracts between two or more parties. It ensures both parties fulfill their obligations as outlined in the agreement and minimizes potential risks.
Vendor Contract Issues for Boards of Common Interest DevelopmentsConstruction Cicerone
Why should a Board consider hiring an attorney for a proposed vendor contract? Even when a contractor performs “vendor” services, or simple maintenance work on a project, let alone major repair work, a number of events that may have significant impact on an association can occur without an agreement prepared by association counsel(see road map slides.
Types of Contract in Construction ManagementShahin MB
Types of Contract in Construction Management
Lump Sum Contract
Cost plus Fixed fee
Cost plus bid fee contract
Guaranteed Maximum
Negotiated
Unit price Contract
Design build
turn key contract
Unit Price
Fixed Price or Lumpsum Contract
-Fixed Price with Incentive Fee Contract
--Point of Total Assumption
Cost Plus or Cost Reimbursable Contract
-Cost Plus with Incentive Fee
Implied or Quasi Contract
Unilateral Contract
Bilateral Contract
Government Contracts 101 - Understanding the Basics of Contract Types Unanet
This is the slide deck from a recent Unanet webinar. We looked at the three main types of government contracts and the new hybrids that have cropped up in recent years. Whether you are new to Government Contracting, or are a long-term GovCon, there will be a little something for contractors of all shapes and sizes and all levels of experience.
Learn more at: https://www.unanet.com/news/demand-webinars
Contract management is the systematic process of creating, administering, and enforcing contracts between two or more parties. It ensures both parties fulfill their obligations as outlined in the agreement and minimizes potential risks.
•What is Contract?
•What is Construction Contract?
•Purpose of Construction Contract
•Contract for Bid and Procurement
•Contract for Pricing Arrangement
•Construction Contract Component
•Contract Document List
•Standard Form of Contract in Malaysia
Tips for effective administration of a construction contract and for reducing the risk of delay and change orders. Interplay between the contractors, the consultant and an owner.
contract management, stages of contract managementVISHAKA BOTHRA
Contract management, management of contract, stages of contract management, role of client, main duties of client, role of contractor, role of subcontractor, role of architect, responsibilities of architect, site supervision, responsibilities of site supervisor, relation between contractor and architect
Sachpazis:Terzaghi Bearing Capacity Estimation in simple terms with Calculati...Dr.Costas Sachpazis
Terzaghi's soil bearing capacity theory, developed by Karl Terzaghi, is a fundamental principle in geotechnical engineering used to determine the bearing capacity of shallow foundations. This theory provides a method to calculate the ultimate bearing capacity of soil, which is the maximum load per unit area that the soil can support without undergoing shear failure. The Calculation HTML Code included.
Overview of the fundamental roles in Hydropower generation and the components involved in wider Electrical Engineering.
This paper presents the design and construction of hydroelectric dams from the hydrologist’s survey of the valley before construction, all aspects and involved disciplines, fluid dynamics, structural engineering, generation and mains frequency regulation to the very transmission of power through the network in the United Kingdom.
Author: Robbie Edward Sayers
Collaborators and co editors: Charlie Sims and Connor Healey.
(C) 2024 Robbie E. Sayers
Hybrid optimization of pumped hydro system and solar- Engr. Abdul-Azeez.pdffxintegritypublishin
Advancements in technology unveil a myriad of electrical and electronic breakthroughs geared towards efficiently harnessing limited resources to meet human energy demands. The optimization of hybrid solar PV panels and pumped hydro energy supply systems plays a pivotal role in utilizing natural resources effectively. This initiative not only benefits humanity but also fosters environmental sustainability. The study investigated the design optimization of these hybrid systems, focusing on understanding solar radiation patterns, identifying geographical influences on solar radiation, formulating a mathematical model for system optimization, and determining the optimal configuration of PV panels and pumped hydro storage. Through a comparative analysis approach and eight weeks of data collection, the study addressed key research questions related to solar radiation patterns and optimal system design. The findings highlighted regions with heightened solar radiation levels, showcasing substantial potential for power generation and emphasizing the system's efficiency. Optimizing system design significantly boosted power generation, promoted renewable energy utilization, and enhanced energy storage capacity. The study underscored the benefits of optimizing hybrid solar PV panels and pumped hydro energy supply systems for sustainable energy usage. Optimizing the design of solar PV panels and pumped hydro energy supply systems as examined across diverse climatic conditions in a developing country, not only enhances power generation but also improves the integration of renewable energy sources and boosts energy storage capacities, particularly beneficial for less economically prosperous regions. Additionally, the study provides valuable insights for advancing energy research in economically viable areas. Recommendations included conducting site-specific assessments, utilizing advanced modeling tools, implementing regular maintenance protocols, and enhancing communication among system components.
2. WHAT IS A
CONTRACT?
• Definitions
• “An agreement enforceable by law is a Contract.”
• “Every promise and every set of promises, forming
the consideration for each other , is an Agreement.”
• “The agreement must create legal obligations
between the parties is an Enforceable.”
• Contract: It is an undertaking by a firm or a person to
do any work under certain terms and conditions.
• Contractor: A person or a firm who undertakes any
type of contract.
3. Definitions ...Cont’d
• Construction contracts are the agreements
between services providers (contractors) and
the clients.
• The client is the promoter or the project
initiator. He develops a need for a structure,
establishes his requirements and provides
resources that are required for the realization
of the project
• The contractor assembles resources into the
final product
4. Definitions ...Cont’d
From a Legal Point of View:
Contract is a mutual agreement between two or
more parties that something shall be done, an
agreement enforceable at law.
According to FIDIC:
Contract means the General Conditions, the
Supplementary Conditions, the Specifications, the
Drawings, the Bill of Quantities, the Tender, the Letter
of Acceptance, the Contract Agreement.
5. History of construction contracts
• Formal construction contracts have been
around since 1870, J. Murdoch and W. Hughes
(2001).
• Between 1200-1600 AD construction work
was undertaken by master craftsmen
organized into guilds.
6. History of construction contracts
...cont’d
• By 1800 AD the contracting system emerged
and many works required designs to be
complete, including estimates for materials
and labour.
• This marked the beginning of construction
contracts as we know them today.
• Need for contract comes with many short falls
to be managed which can be termed as risks.
The following are some of the risks:-
7. Construction risk
• Owner’s risk is due to the following factors:
• Will the contractor be able to carry out work as per
specifications?
• Can the work be completed within quoted cost and
time?
• Will the plant/project perform at the required level?
• Will the contractor stay on job till its completion?
• Will the contractor co-operate with the owner and
rectify defects later?
• Will the relationship continue?
• Does he/she understand his/her intent fully?
8. Construction risk cont’d
• Contractor’s risk is due to the following
factors:
• Termination of work before its completion
• Prompt payments
• Reimbursement for extra claims
• Penalization for failures beyond his control.
• Interruptions in progress and change of scope
• Compensation for pure escalation.
9. Construction risk cont’d
Other construction risks include
1. The unforeseen:
• unexpected ground conditions
• unpredicted weather conditions
• a shortage of materials in the market
• a shortage of skilled labour
• accidents, whether by fire, flood or carelessness
• innovative design that does not work or proves
impossible to construct.
• The length of the contract.
10. Construction risk cont’d
2. Projects vary in the time needed for
completion, from days to years. During that
time the risk allocation agreed at the time of
contracting can change substantially. This is
especially so with regard to the availability of
materials and its costs. A contractor may
have ‘bought’ the job because work was
scarce at the time and the price of
components was low.
11. Construction risk cont’d
3.The number of participants, and parties in the
project and the corresponding length of
contractual chain cause their own problems. The
risk of insolvency increases, the longer the chain.
4.The particular relationship (often referred to as a
triangular relationship of costs, time and quality)
in which conflict is inherent. Contracting parties
have different perceptions of how these factors
of their relationship interact.
12. Construction risk cont’d
5.The interaction between liability for defective
workmanship and for faults in design. Lack of
coordination between design and construction
is a common source of dispute. Much of the
innovation in procurement systems of recent
years stems from creating ways of minimising
the effect of this clash.
13. Construction risk cont’d
• Construction contracts are drawn to ensure duties,
responsibilities and risks are shared and distributed
amongst the project participants. The use of
standard forms of agreements has been developed
and generally adopted in the construction industry to
help guide the relationships between the parties and
also to ensure construction projects are managed in
a sound and effective way. The adoption of a suitable
form of agreement, its implementation in executing
the work until project close out is the object of
construction contract administration.