Why Remeasurement(Re measurable) contracts

re-measurable/remeasurement contract is the most popular type of contract used in the former construction industry. But even so, large construction companies are using this method to hire subcontractors for tasks such as painting, plastering, etc. In this method, the companies will receive the payment based on actual work. Compared to other procurement methods, the client’s risk is much higher, and the contractor’s risk is minimal in this method

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

Key essentials for a valid contract

According to the legal system, a binding legal agreement between offeror and offers ( can be more) is defined as a contract. Quantity surveyors are the key persons in the modern construction industry to make contractual agreements between the clients and contractors. Therefore their knowledge regarding the contracts should be very sharp. there are four essentials that should be included in a valid contract. 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

Tendering tips

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