MANAGING CONSTRUCTION CONTRACTS

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Managing Construction Contracts

Author : Robert D. Gilbreath
ISBN : 0471569321
Genre : Technology & Engineering
File Size : 41.47 MB
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This Second Edition focuses on the commercial issues of contracting, covering the lifespan of a contract in four stages: inception of need, bid and award, administration, termination. Written from the owners' perspective, it is appropriate for construction managers and contract administrators. New material includes the effects of the computer on construction management practices, the risks and rewards of cross-border contracts and the role of the lawyer.
Category: Technology & Engineering

Managing Overseas Construction Contracting

Author : D. A. Langford
ISBN : 0727720295
Genre : Technology & Engineering
File Size : 29.5 MB
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This book addresses the practical aspects of international construction. Increasingly the world is occupied by clients seeking construction work on a global basis - designers from one country, contractors from another, materials and subcontractors from yet others. In such complex multi-organisational and cross-cultural setting the management of the construction environment and process is likely to create formidable challenges. This book outlines the best approaches for the best results in addressing these challenges. This book is of interest to undergraduates and graduates specialising in the built environment, development economics or project management, while practitioners in construction and finance, bankers and civil servants may also profit from the ideas it contains.
Category: Technology & Engineering

Introduction To Construction Contract Management

Author : Brian Greenhalgh
ISBN : 9781317549420
Genre : Architecture
File Size : 62.32 MB
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This book is an introduction to construction contract administration and management, covering the delivery and execution stage of a construction project and the various issues which the contract administrator needs to proactively manage. It can therefore be used as a contract administrator’s resource book covering what needs to be done (and why) to keep a construction project on track from a commercial and contractual perspective. It is particularly appropriate for students and new practitioners from varied construction professions and whilst it covers domestic (UK) projects, it will be particularly useful for those studying and working on international projects where terminology, procedures and legal systems may differ from the UK. The content is split into four parts and is subdivided into easy-to-read chapters replicating the timeline of a project during the construction stage: Part A covers initiating the construction stage, project delivery mechanisms, contract administration and health and safety management; Part B covers managing the construction stage, contractor performance and relationship management; Part C covers finalising the construction stage, project completion and close-out; Part D covers claims and disputes. Introduction to Construction Contract Management will be particularly useful for students enrolled on global construction programmes together with international distance learning students and non-cognate graduates starting out on an international career in construction contract administration and quantity surveying.
Category: Architecture

Managing Transit Construction Contract Claims

Author : National Research Council (U.S.). Transportation Research Board
ISBN : 0309061156
Genre : Construction contracts
File Size : 57.73 MB
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Offers information from selected transit agencies about the underlying causes of construction disputes and practices in use today to identify and resolve them before they become formal claims. The synthesis focuses on avoidance and resolution of disputes, examines ways of settling disputes at their inception, and considers the experiences of the transit industry in the use of alternative dispute resolution techniques.
Category: Construction contracts

Financial Management In Construction Contracting

Author : Andrew Ross
ISBN : 9781118537978
Genre : Technology & Engineering
File Size : 38.2 MB
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This authoritative text provides a detailed insight into howconstruction companies manage their finances at both corporate andproject level. It will guide students and practitioners through thecomplexities of the financial reporting of construction projectswithin the constraints of accepted accounting practice. The book iswritten for non-accountants and from a contractor’sperspective and is equally relevant to subcontractors and maincontractors. The authors examine the relationship between the external annualaccounts and the internal cost-value reconciliation process. CVR iscovered in depth and the authors consider issues such as interimpayments, subcontract accounts, contractual claims, final accounts,cash flow management and the reporting of the physical andfinancial progress of contracts. A broad perspective of all the financial aspects of contractingis taken along with related legal issues and the authors explainhow things operate in the ‘real world’. They describegood practice in financial control while at the same time beinghonest about some of the more questionable practices that can - anddo - happen. The approach taken is unique as the financialmanagement of construction projects is considered from theperspective of the contractor’s quantity surveyor. The bookdeals with the real issues that surveyors have to address whenusing their judgment to report turnover, profitability, cash flow,and work in progress on projects and the financial problems facedby subcontractors are frankly and pragmatically explored. The payment and notice requirements of the Construction Act areexplained in detail and relevant provisions of JCT2011, NEC3, ICC,DOM/1 and other standard contracts and subcontracts are alsocovered. Financial Management in Construction Contractingaddresses the wide variety of external factors that influence howconstruction companies operate, including government policy,banking covenants and the financial aspects of supply chainmanagement. Cost reporting systems are described and real-lifeexamples are used to illustrate cost reports, accrual systems andhow computerised systems can be employed to provide the QS withinformation that can be audited. Examples drawn from practice demonstrate how work-in-progress(WIP) is reported in contracting. Cost value reconciliation reportsare featured and the book demonstrates how adjustments are made forovermeasure, undermeasure, subcontract liabilities and WIP as wellas explaining the processes that contractors use when analysingexternal valuations. This is the ideal core text for final year degree andpost-graduate level modules on Quantity Surveying, CommercialManagement, Construction Management and Project Management coursesand will provide an invaluable source of reference for quantitysurveyors and others who may be engaged in the financial managementof construction projects. The book’s companion website at ahref="http://www.wiley.com/go/xxxx"www.wiley.com/go/rossfinancialmanagement/a offersinvaluable resources for students and lecturers as well as forpractising construction managers: end-of-chapter exercises + outline answers PowerPoint slides for each chapter ideas for discussion topics links to useful websites
Category: Technology & Engineering

Managing Construction Projects

Author : Graham M. Winch
ISBN : 9781444314694
Genre : Technology & Engineering
File Size : 58.94 MB
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Project management is of critical importance in construction, yetits execution poses major challenges. In order to keep a project ontrack, decisions often have to be made before all the necessaryinformation is available. Drawing on a wide range of research, Managing ConstructionProjects proposes new ways of thinking about project managementin construction, exploring the skills required to manageuncertainty and offering techniques for thinking about thechallenges involved. The second edition takes the informationprocessing perspective introduced in the first edition and developsit further. In particular, this approach deepens the reader’sunderstanding of the dynamics in the construction project process– from the value proposition inherent in the project mission,to the functioning asset that generates value for its owners andusers. Managing Construction Projects is a unique andindispensible contribution to the available literature onconstruction project management. It will be of particular benefitto advanced students of construction and construction projectmanagement, as well as contractors and quantity surveyors. Reviews of the First edition: "A massive review of the art and science of the management ofprojects that has the great virtue of being a good read wherever itis touched. It spills the dirt on things that went wrong,elucidates the history so you can understand the industry's currentstance, draws on other countries experience and explains the latestmanagement processes. Throughout it is liberally sprinkled withanecdotes and case histories which amply illustrate the dos anddon't for practitioners wishing to deliver projects on time toexpected quality and price. A valuable book for students andpractitioners alike." —John D Findlay, Director, Stent "This is a valuable source for practitioners and students. Itcovers the A-Z of project management in a confident contemporarymanner, and provides a powerful and much needed conceptualperspective in place of a purely prescriptive approach. Theengaging presentation introduces a range of challenges toestablished thinking about project management, often by makingcomparisons between practices in the UK and those of othercountries." —Peter Lansley, Professor of Construction Management,University of Reading "A refreshing and unique study of information management and itsimpact upon international construction project management.... Thebook is well presented and written, logical and succinct and isflexible enough to allow readers to either read from start tofinish or to dip into selected chapters. This book deserves to bean established text for any construction or civil engineering under- and/or postgraduate course." —CNBR, 25th November 2003 "Generous use is made of anecdotes andc case historiesthroughout to support the theory. the book illustrates the mistakesmade by others, and the means to deliver projects on time and tocost." —Building Services Journal, April 2004
Category: Technology & Engineering

Construction Contracts

Author : John Murdoch
ISBN : 9781135803261
Genre : Architecture
File Size : 46.16 MB
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Although the legal principles involved in construction contracts and their management and administration are an aspect of general contract law, the practical and commercial complexities of the construction industry have increasingly made this a specialist field. Recognizing this, Construction Contracts is a fully revised edition of the UK’s leading textbook on the law governing this area. Brought up to date with recent cases and developments in the law as it stands at July 2000, this new edition: takes full account of the effects of the Housing Grants, Construction and Regeneration Act 1996, the Arbitration Act 1996, the Contracts (Rights of Third Parties) Act 1999 and the changes in the legal system brought about by the Woolf reforms includes extended coverage of financial protection, construction insurance and tendering controls, as well as the Construction (Design and Management) Regulations has been revised to take account of changes to the common standard-form contracts, particularly the New Engineering Contract and the GC/Works family of contracts. Retaining the same basic approach as its successful predecessors, this important text introduces the general principles that underlie contracts in construction, illustrating them by reference to the most important standard forms currently in use.
Category: Architecture

Construction Contracts

Author : Will Hughes
ISBN : 9781134161881
Genre : Law
File Size : 76.85 MB
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The fourth edition of this unparalleled text has been thoroughly revised to provide the most up-to-date and comprehensive coverage of the legislation, administration and management of construction contracts. Introducing this topic at the core of construction law and management, this book provides students with a one-stop reference on construction contracts. Significant new material covers: procurement tendering developments in dispute settlement commentary on all key legislation, case law and contract amendments up to July 2007. In line with new thinking in construction management research, this authoritative guide is essential reading for every construction undergraduate and an extremely useful source of reference for practitioners.
Category: Law

Construction Contracting

Author : Richard H. Clough
ISBN : 9781118693216
Genre : Technology & Engineering
File Size : 73.57 MB
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The definitive contracting reference for the construction industry, updated and expanded Construction Contracting, the industry's leading professional reference for five decades, has been updated to reflect current practices, business methods, management techniques, codes, and regulations. A cornerstone of the construction library, this text presents the hard-to-find information essential to successfully managing a construction company, applicable to building, heavy civil, high-tech, and industrial construction endeavors alike. A wealth of coverage on the basics of owning a construction business provides readers with a useful "checkup" on the state of their company, and in-depth exploration of the logistics, scheduling, administration, and legal aspects relevant to construction provide valuable guidance on important facets of the business operations. This updated edition contains new coverage of modern delivery methods, technology, and project management, with sample contracts and documentation and a companion website for additional guidance. The field of construction contracting comprises the entire set of skills, knowledge, and conceptual tools needed to successfully own or manage a construction company, as well as to undertake any actual project. This book gives readers complete, up-to-date information in all of these areas, with expert guidance toward best practices. Learn techniques for accurate cost estimating and effective bidding Understand construction contracts, surety bonds, and insurance Explore project time and cost management, with safety considerations Examine relevant labor law and labor relations techniques Between codes, standards, laws, and regulations, the construction industry presents many different areas with which the manager needs to be up to date, on top of actually doing the day-to-day running of the business. This book provides it all under one cover – for the project side and the business side, Construction Contracting is a complete working resource in the field or office.
Category: Technology & Engineering