Assets

061 Getting Paid for Material Delivered and Stored on Site in Construction Projects by Using Material Inspection Request (MIR) Process

One of the elements of an interim payment on construction projects is the payment for the contractor’s procured material delivered, stored and inspected at the project site. The contractor needs to provide supportive details of all material delivered as well as to quantify the remaining material stored at the project Read more…

By Tony, ago
PMWeb 7 Contractor Procurement Monitoring and Tracking Report

Monitoring and Tracking Contractors’ Material and Equipment Procurement Schedule in Construction Projects

One of the key progress reports that Contractors are obliged to submit on weekly basis is the updated procurement schedule which details all materials and equipment that will become permanent components of a project’s scope of work. The procurement schedule needs to be fully aligned with the project’s integrated schedule Read more…

By Tony, ago
PMWeb 7 Extension of Time (EOT) Requests Register

Managing, Monitoring and Evaluating Extension of Time Requests (EOT) in Construction Projects

On construction projects, time extensions may be requested for a variety of reasons. They are used to demonstrate that delays have occurred in the construction schedule that affects the project completion date. All-time extensions are usually related to delays beyond the contractor’s control, and many involve change order requests. Time Read more…

By Tony, ago