Construction Management Guide

(Read more..)

A cost-plus contract, more accurately termed a Cost Reimbursement Contract, is a contract framed in such a way that when the contractor finishes the agreed-upon work, they receive compensation equal to their expenses plus a profit. Cost reimbursement contracts contrast with fixed-price contract, in which the contractor is paid a negotiated amount regardless of incurred expenses. (Read more..)

(Read more..)

Nick Carnell, lead partner at Kennedys, discusses how successful ‘design and build’ is down to understanding what the clients wants.

Paul Taylor’s article published on 8 March on design and build contracts reminded me of some of my own experiences of projects procured in this way. Paul quite rightly pointed out that for design and build to work there needs to be changes in both the mindset and philosophy from projects procured in the traditional manner. (Read more..)

(Read more..)

by Michelle Nelson-Construction Week

The issue of whether delay to a project can be reduced or even eliminated altogether by taking accelerative measures and if so, who should bear the cost, is becoming more common here in Dubai. In this article, I will consider the question of acceleration and liability for acceleration costs from a contractual and legal perspective. (Read more..)