Letter of Acceptance also referred to as the “Letter of Award”, is legally considered as the Employer’s formal acceptance of an offer (bid/tender) made by the Contractor, thus forming a valid and binding contract between parties when acknowledged its receipt by the Contractor. Issuance of the Letter of Acceptance/Award marks Read more…
A massive volume of knowledge gets wasted every day in managing projects and in particularly engineering and construction projects. Part of this waste is the knowledge associated with the review and approval actions made by project owners and their authorized representatives. Those include the review and approval of design deliverables, Read more…
In construction projects, a snag list (occasionally referred to as a punch list) defines the process of inspection necessary to compile a list of minor defects or omissions in building works for the contractor to rectify. The faults that are identified in the snag list should be rectified prior to Read more…
