It has been reported by many governments that a second COVID-19 wave might appear in the last quarter of 2020. The construction industry like most other industries would be negatively affected by this potential second wave. Nevertheless, and unlike the first wave of the COVID-19 pandemic, many capital construction projects Read more…
The horrible Beirut Port explosion, in addition to causing the catastrophic death of almost 200 innocent people as well as critically injuring thousands, has damaged if not destroyed hundreds of buildings and thousands of flats. Although the call for rebuilding Beirut was immediate and attracted global support, a formal assessment Read more…
Regardless of the type of contract agreement used on a construction project, the final account is the conclusion of the contract sum (including all necessary adjustments) and signifies the agreed amount that the Employer will pay the Contractor. It includes any works that are paid to the Contractor through the Read more…
