Construction Management Guide

By By Vasanth Kumar
It is understandable that no construction project is risk-free as risk is inherent in the contracting business. Project risks could arise from factors such as natural, political, social, economic, legal, and general behaviours. Whilst risks can be managed, minimised, shared, transferred, or accepted, they cannot just be simply ignored.

The common ways of handling risks in construction contracts are by means of due diligence, insurance, quantifying damages, indemnity, and enforcing liability caps of parties. (Read more..)

By Saifee M. Tarwala

Ultimately, almost every construction project will vary from its initial design, scope, and definition.

Hardly any project is executed as per the original contract scope prepared by architects and engineers; changes are inevitable due to factors such as technological advancements, statutory enforcement, geographical and geological considerations, and non-availability of specified materials.

Standard forms of contract typically include express provisions, giving engineers the power to amend orders when such changes become necessary (FIDIC Clause 51.1). This clause is designed to facilitate the smooth administration of works and contracts. (Read more..)

The Construction Law Summer School is the most comprehensive event in IBC Legal’s Construction Law & Engineering Series and is therefore the ideal choice for anyone on your team looking to gain a thorough understanding and international update of the area.

The conference combines case studies, discussion groups, Q&A sessions, presentations, workshops and a different social activity every evening – allowing your team to gain the maximum learning benefit from the 20+ international speakers. (Read more..)

Equip your team with guidance on how best to minimise risks, avoid unnecessary conflicts and cut the costs of resolving disputes by getting guidance from 35 speakers at the Construction Law: Contracts & Dispute Management conference.

Taking place in London, delegates will be able to focus their time but choosing from these five separately bookable segments… (Read more..)

FIDIC’s Contract Users’ event is coming to Asia-Pacific to help you make the most of any projects you have running in that region.

The 2015 event will take place in Singapore, here are some of the highlights… (Read more..)

By ARASH RAJAI

FOR any contractor or service provider entering into a construction contract, one of the most important priorities in contract negotiation is to manage its overall financial exposure.

This is commonly achieved in construction contracts by agreeing to a financial cap on liability and/or by attempting to exclude certain types of liability commonly called “consequential or indirect losses”. (Read more..)

FIDIC has announced the dates for their 6^th Middle Eastern Contract Users’ conference.

The event will take place in Abu Dhabi on 2^nd & 5^th March.

Readers of CMguide can get a 10% saving by clicking here. (Read more..)

With a Qatar 2022 World Cup on the horizon and Dubai’s successful bid for Expo 2020, the scale of infrastructure investment in both countries is unlikely to be anything short of exceptional over the course of the next few years.

In both the UAE and Qatar (and indeed in many other Gulf countries), procurers of major infrastructure have generally opted for the FIDIC Standard Form Contracts to deliver their projects. There is, however, an emerging competitor on the international projects scene in the form of the Third Edition of the New Engineering Contract (NEC3). (Read more..)

Samer Skaik, the CMGuide Founder delivered 30 minutes oral presentation in “Mastering Complex Projects Conference” at Melbourne convention 2014 which was organized by Engineers Australia.  The Convention is the largest engineering event ever held in the southern hemisphere. Convention bring together all areas of the engineering profession, with national and international keynote speakers exposing delegates to megatrends and thought leadership that will influence the future direction of engineering in Australia. (Read more..)

It’s time for FIDIC’s 27^th International Contract Users’ conference, your team’s annual opportunity for best practice advice on using the contracts, insights on recent and upcoming amendments, guidance for managing major projects and for resolving disputes – delivered directly by more than 40 of the world’s foremost FIDIC experts.

And you can get a 10% saving with this posting, just quote VIP code: FKW82487CMGP (Read more..)