Managing Construction Contracts

Operational Controls for Commercial Risks
Author: Robert D. Gilbreath
Publisher: John Wiley & Sons
ISBN: 9780471569329
Category: Business & Economics
Page: 295
View: 1750

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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.

Introduction to Construction Contract Management


Author: Brian Greenhalgh
Publisher: Routledge
ISBN: 1317549422
Category: Architecture
Page: 236
View: 8895

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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.

Financial Management in Construction Contracting


Author: Andrew Ross,Peter Williams
Publisher: John Wiley & Sons
ISBN: 1118537971
Category: Technology & Engineering
Page: 456
View: 7246

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This authoritative text provides a detailed insight into how construction companies manage their finances at both corporate and project level. It will guide students and practitioners through the complexities of the financial reporting of construction projects within the constraints of accepted accounting practice. The book is written for non-accountants and from a contractor’s perspective and is equally relevant to subcontractors and main contractors. The authors examine the relationship between the external annual accounts and the internal cost-value reconciliation process. CVR is covered in depth and the authors consider issues such as interim payments, subcontract accounts, contractual claims, final accounts, cash flow management and the reporting of the physical and financial progress of contracts. A broad perspective of all the financial aspects of contracting is taken along with related legal issues and the authors explain how things operate in the ‘real world’. They describe good practice in financial control while at the same time being honest about some of the more questionable practices that can - and do - happen. The approach taken is unique as the financial management of construction projects is considered from the perspective of the contractor’s quantity surveyor. The book deals with the real issues that surveyors have to address when using their judgment to report turnover, profitability, cash flow, and work in progress on projects and the financial problems faced by subcontractors are frankly and pragmatically explored. The payment and notice requirements of the Construction Act are explained in detail and relevant provisions of JCT2011, NEC3, ICC, DOM/1 and other standard contracts and subcontracts are also covered. Financial Management in Construction Contracting addresses the wide variety of external factors that influence how construction companies operate, including government policy, banking covenants and the financial aspects of supply chain management. Cost reporting systems are described and real-life examples are used to illustrate cost reports, accrual systems and how computerised systems can be employed to provide the QS with information that can be audited. Examples drawn from practice demonstrate how work-in-progress (WIP) is reported in contracting. Cost value reconciliation reports are featured and the book demonstrates how adjustments are made for overmeasure, undermeasure, subcontract liabilities and WIP as well as explaining the processes that contractors use when analysing external valuations. This is the ideal core text for final year degree and post-graduate level modules on Quantity Surveying, Commercial Management, Construction Management and Project Management courses and will provide an invaluable source of reference for quantity surveyors and others who may be engaged in the financial management of construction projects. The book’s companion website at www.wiley.com/go/rossfinancialmanagement offers invaluable resources for students and lecturers as well as for practising construction managers: end-of-chapter exercises + outline answers PowerPoint slides for each chapter ideas for discussion topics links to useful websites

Construction Contracts

Law and Management
Author: Will Hughes,Ronan Champion,John Murdoch
Publisher: Routledge
ISBN: 1134161875
Category: Law
Page: 432
View: 9683

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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.

Construction Contracting

A Practical Guide to Company Management
Author: Richard H. Clough,Glenn A. Sears,S. Keoki Sears,Robert O. Segner,Jerald L. Rounds
Publisher: John Wiley & Sons
ISBN: 1118693213
Category: Technology & Engineering
Page: 640
View: 8974

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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.

Construction Contracts


Author: Edward Whitticks
Publisher: Elsevier
ISBN: 0127999736
Category: Technology & Engineering
Page: 305
View: 8840

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In this superb new volume, Edward Whitticks has charted the course for anyone working with contracts and dispute control in oil and gas, one of the most volatile industries in the world. His practical, straightforward approach will move you step by step through the process of contractual negotiations, bids and closeouts. For anyone working in the oil and gas industry today, finding your way through the maze of contract management seems more cutthroat and challenging than ever before. In Construction Contracts, Edward Whitticks dispels the myth that “there has to be a winner and a loser in contractual management and dispute control. As a desktop companion for project managers and engineers, contract administrators, cost scheduling engineers and others engaged in the field of refinery, pipeline and petrochemical construction, this book covers the entire contract process.

Construction Contract Administration


Author: Charles S. Phillips
Publisher: SME
ISBN: 9780873351911
Category: Technology & Engineering
Page: 195
View: 6790

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A guide and general reference for subjects that must be considered in production and site management of a construction contract. Part I deals with selection, production, and assembly of elements required for a construction contract. Part II reviews basics of a fair and practical contract administrat

Fundamentals of Building Contract Management


Author: Thomas E. Uher,Philip Davenport
Publisher: UNSW Press
ISBN: 1742230210
Category: Business & Economics
Page: 438
View: 1935

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Contracts are vital to the construction delivery process; they direct and govern every move. This book strips the legal mystique and jargon from contracts and exposes their basic logic.

Construction Contract Administration


Author: Greg Goldfayl
Publisher: UNSW Press
ISBN: 9780868405179
Category: Technology & Engineering
Page: 283
View: 542

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This second edition of Construction Contract Administration focuses specifically on the two main construction contracts in Australia: ABIC MW - 2003 major works contract and AS4000 -1997 General Conditions of Contract. Greg Goldfayl demystifies the jargon of contract forms and translates it into plain English, making the issues involved in contract administration accessible to readers without legal training.

The Construction Project Management Success Guide


Author: Andreas P
Publisher: Lulu.com
ISBN: 1329043332
Category: House & Home
Page: 54
View: 3617

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THE CONSTRUCTION PROJECT MANAGEMENT SUCCESS GUIDE 2ND EDITION: Everything You Need To Know About Construction Contracts, Estimating, Planning And Scheduling, Skills To Manage Trades And Home Renovations You're about to discover how to the re-emergence of the real estate market sparked renewed optimism in construction. Across different states in the country, residential construction jobs are being undertaken in order to satisfy the demands in housing. Since residential construction projects are still a business (except when you want to build your own home), the idea is to build enough living spaces and to offer them to prospective clients or leasers at an affordable price. Of course the success of such a goal still lies on income and the general economic outlook, but one thing is for certain: now that the housing crisis is over, more people will look forward getting a place to call their home.

International Contracting

Contract Management in Complex Construction Projects
Author: Arjan Van Weele
Publisher: World Scientific
ISBN: 1908979518
Category: Construction contracts
Page: 490
View: 3205

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This book, about international contracting and contract management, is written from the angle of the contractor and discussed from an international perspective. It comments on real-life cases, taken from various kinds of projects: infrastructural works (roads, bridges, tunnels, rail roads), wind- and sunfarms, oil and gas installations, such as platforms, pipe lines, power generating works, and large buildings.The book is structured around the contracting cycle. Chapters include dealing with the role of the contractor in international contracting, the tender process, landing and negotiating the contract, types of contract, problems that may occur during project execution, project delivery, and handling guarantee claims.Written primarily for business practitioners operating in the international contracting industry, the title assumes that the reader will have a basic understanding and knowledge of theories related to project management, construction engineering, business law and economics.Though not an academic book, due to its unique blend of practitioners'' insight and academic theory, it can be taught in courses at institutes at the master level. As most engineers are going to deal with contracts, this book is specifically recommended for engineering programs both at the graduate and postgraduate level. Lawyers will find the book useful to understand the business context in which their customers and/or colleagues work.

Construction Contract Preparation and Management

From Concept to Completion
Author: Geoff Powell
Publisher: Macmillan International Higher Education
ISBN: 1137511168
Category: Technology & Engineering
Page: 504
View: 4214

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This fully updated new edition of this practical and popular text starts at the beginning of projects and makes lucid connections between stages which are often misunderstood. It covers NEC and JCT contracts, considering the topic from an industry perspective and including key issues such as Health and Safety, the environment and EU regulations.

Construction Project Management


Author: S. Keoki Sears,Glenn A. Sears,Richard H. Clough,Jerald L. Rounds,Robert O. Segner
Publisher: John Wiley & Sons
ISBN: 1118745051
Category: Technology & Engineering
Page: 352
View: 2179

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"Guide to all aspects of the construction project management process, including the Critical Path Method (CPM) of project scheduling"--

Management of Construction Projects

A Constructor's Perspective
Author: John E. Schaufelberger,Len Holm
Publisher: Taylor & Francis
ISBN: 1315529084
Category: Architecture
Page: 304
View: 4041

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Unlike the majority of construction project management textbooks out there, Management of Construction Projects takes a distinctive approach by setting itself in the context of a single and real-world construction project throughout and also by looking at construction project management from the constructor’s perspective. This project-based learning approach emphasizes the skills, knowledge, and techniques students require to become successful project managers. This second edition uses a brand new, larger, and more challenging case study to take students through key stages of the process, including: contracts and subcontracting; estimating, scheduling, and planning; supply chain and materials management; cost control, quality, and safety; project leadership and ethics; and claims, disputes, and project close-outs. Also new to this edition is coverage of emergent industry trends such as LEAN, LEED, and BIM. The book contains essential features such as review questions, exercises, and chapter summaries, while example plans, schedules, contracts, and other documents are stored on a companion website. Written in straightforward language from a constructor’s perspective, this textbook gives a realistic overview and review of the roles of project managers and everything they need to know in order to see a successful project through from start to finish.

Managing Overseas Construction Contracting


Author: D. A. Langford,V. R. Rowland
Publisher: Thomas Telford
ISBN: 9780727720290
Category: Technology & Engineering
Page: 191
View: 9898

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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.

Home Builder Contracts and Construction Management Forms


Author: National Association of Home Builders (U.S.)
Publisher: Builderbooks
ISBN: 9780867186161
Category: Technology & Engineering
Page: 288
View: 2285

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The National Association of Home Builders puts the 95 most useful business forms and contracts for builders in your hands with Home Builder Contracts & Construction Management Forms. Easy to use: Simply browse the book for the contracts and forms you need, download documents from the CD, and customize them to meet your business needs, with your address, logo specification, and more!

Construction Contract Variations


Author: Michael Sergeant,Max Wieliczko
Publisher: CRC Press
ISBN: 1317685156
Category: Law
Page: 390
View: 8915

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Changes to the work on construction projects are a common cause of dispute. Such variations lead to thousands of claims in the UK every year and many more internationally. Liability for variations is not only relevant to claims for sums due for extra work but this is also an important underlying factor in many other construction disputes, such as delay, disruption, defects and project termination. This is the first book to deal exclusively with variations in construction contracts and provide the detailed and comprehensive coverage that it demands. Construction Contract Variations analyses the issues that arise in determining whether certain work is a variation, the contractor’s obligation to undertake such work as well as its right to be paid. It deals with the employer’s power to vary and the extent of its duties to approve changes. The book also analyses the role of the consultant in the process and the valuation of variations. It reviews these topics by reference to a range of construction contracts. This is an essential guide for practitioners and industry professionals who advise on these issues and have a role in managing, directing and compensating change. Participants in the construction industry will find this book an invaluable guide, as will specialists and students of construction law, project management and quantity surveying.