Whether the construction contract agreement is a lump sum contract or remeasured contract, one of the processes that will be needed on those projects is the Joint Measurement Record, also known as Joint Measurement Sheet (JMS). TheJoint Measurement Record is used to capture the details of extra work recorded at Read more…
One must admit that the COVID-19 pandemic lockdown has allowed many of us to attend events that usually we could not spare the time to attend. One of those recent events that I have enjoyed attending was titled “The Dangers of Dirty Data and its Consequences” which was hosted by 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…
