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…
One of the key challenges facing Municipalities, Public Works Departments, and other public sector entities that are involved in delivering capital construction projects is managing the short-term allocation of available funds across their projects’ portfolio. Those are projects that were already approved and have approved budgets for which required funds 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…
