Enforcing Effective Monitoring and Tracking for the Fulfillment of Obligations of Contract Agreements’ on Capital Projects Delivery

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…

PMWeb 7 Delayed Payment and Due Internet Charges Tracking Report

Why Project Owners Should Make Timely Payments of Contractors’ Interim Payment Certificates

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…