How to An Offer Is Brought to an End

The term ‘contract’ is not a rare word in the world. When the relevant party accepts the offer, a ‘contract’ will be created. To have such a contract among participants, it needs some special requirements too. Among them, a valid offer and acceptance are more important. Read more

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Quick Guide to EOT Claims

The Contractor can always claim an EOT claim unless the fault of the delay events was not caused due to his mismanagement. To claim a successful EOT claim contractor should do proper delay analysis, and they should know precisely what they are eligible to claim. We hope the below article and calculators will help you to understand more about EOT claims. Read more

1st step of tendering process -decision to tender

Incorrect tendering and estimation process can lead a company into dangerous situations. Underestimation of a project can hurt owners and employees of the company at the construction stage. And overestimation can push the company out of the competition (tender rejections). Therefore any company should have a proper strategy or a process to submit a competitive tender. Read more

Life cycle costing- simply explained

Whole life cycle costing (in construction) is the process of evaluating and estimating the total costs involved for building a project from the design stage to disposable stage. The building life cycle can divide into four key steps. Read more

Tendering tips

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