One of the key characteristics of capital projects delivery, is that outsourcing parts of or the complete project’s scope of work is a practice that will be always adopted by project owners or employers in their endeavor to transfer projects’ delivery risk to more qualified and experienced third-party entities. Whether Read more…
It has been always said “a Picture’s Worth a Thousand Words”, so how many words is it worth when real-time pictures are captured every minute to document, monitor, evaluate and report the performance of a construction project? Time-lapse construction cameras that are installed at different key locations of the construction Read more…
No one can argue the many benefits of making timely payment of contractors’ interim payment certificates on the delivery of construction projects, nevertheless, the purpose of this article will be limited to the calculation of financing or interest charges that contractors will be entitled to receive for delayed payments. Those Read more…
