In our last article titled “The Earned Performance for Engineering and Procurement Deliverables on EPC and LSTK Contracts”, the level...
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One of the key requirements on Engineering-Procurement-Construction (EPC) and Lump Sum Turnkey (LTSK) contracts is the formal documentation, monitoring, evaluation,...
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Cost Value Reconciliations (CVR) are carried out in order to monitor, evaluate and report expenditures against budgets to ensure that...
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One of the common practices in capital projects is outsourcing part of the project’s scope of work to third-party entities...
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After completing the design consultants' prequalification, the project owner will invite them to submit their proposals for the project design...
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Under the FIDIC red book contract, the taking over certificate is issued by the Engineer in accordance with Clause 10...
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One of the common processes in any engineering and construction project across the globe are the processes for getting permits...
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One of the key progress reports that Contractors are obliged to submit on weekly basis is the updated procurement schedule...
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“To bid, or not to bid, that is the question.” A bid/no-bid decision process is a formal, rational process a...
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Substantial Completion refers to a stage of a construction or building project or a designated portion of the project that...
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Project Owners need to monitor their engineering consultant’s performance throughout a contract stages of design and construction supervision. In addition,...
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