Contract Administration And Procurement In The Singapore Construction Industry

Contract Administration And Procurement In The Singapore Construction Industry

by Pin Lim
ISBN-10:
9813148047
ISBN-13:
9789813148048
Pub. Date:
09/22/2016
Publisher:
World Scientific Publishing Company, Incorporated
ISBN-10:
9813148047
ISBN-13:
9789813148048
Pub. Date:
09/22/2016
Publisher:
World Scientific Publishing Company, Incorporated
Contract Administration And Procurement In The Singapore Construction Industry

Contract Administration And Procurement In The Singapore Construction Industry

by Pin Lim
$48.0
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Overview

Written to educate and equip aspirant professionals, industry practitioners, and students in the knowledge and practice of contract administration and procurement in the Singapore Construction Industry, this book discusses the roles and relationship of the different parties (e.g. Owner, Architect, Quantity Surveyor), tendering procedures, project delivery methods, payments, variations, final account, and other aspects for the administration of construction contracts in Singapore.The book is drafted in an easy, readable form. Technical jargon is minimised. The topics span across common issues and less common ones that practitioners and students should be aware of in the industry. Most of the examples are obtained from the industry (with modifications) and reflect current industry practices. Time-lines, flow-charts, sample forms, sample letters and other documents illustrating the processes are provided in this work, for the easy understanding of the readers.The contract administration process takes into account the Singapore Institute of Architects' Measurement Contract, 9th Edition, the Public Sector Standard Conditions of Contract for Construction Works, 7th edition, and also the Building and Construction Industry Security of Payment Act.

Product Details

ISBN-13: 9789813148048
Publisher: World Scientific Publishing Company, Incorporated
Publication date: 09/22/2016
Pages: 292
Product dimensions: 9.70(w) x 6.50(h) x 0.50(d)

Table of Contents

Preface vii

Acknowledgments ix

About the Author xi

Chapter 1 Introduction 1

1.1 Parties in a Construction Project 1

1.2 Roles of and Relationships Between Parties 5

1.3 Time-line in a Construction Project 10

1.4 Pre-Contract Administration 10

1.5 Post-Contract Administration 11

Chapter 2 Procurement 17

2.1 Meaning of Procurement 17

2.2 Key Concepts to Good Procurement 17

2.3 Methods of Sourcing a Contractor 20

Chapter 3 Project Delivery Methods 41

3.1 Meaning of Project Delivery Method 41

3.2 Different Types of Project Delivery Methods 41

3.3 Risks Assessment Between Owner and Contractor for Different Payment Models 72

Chapter 4 Contract Document 75

4.1 Conditions of Contract 76

4.2 Form of Tender 76

4.3 Form for Insurer Bond/Bank Guarantee ("the Guarantee") 76

4.4 Roofing and other Guarantees or Warranties 77

4.5 Preliminaries 78

4.6 Prime Cost (PC) & Provisional Sum 81

4.7 Particular Specification 84

4.8 PC Supply Rate 84

4.9 General Specification 85

4.10 Cost Breakdown 88

Chapter 5 Payment Claim 105

5.1 What is a Payment Claim? 105

5.2 When to Make a Payment Claim? 106

5.3 How to Make a Payment Claim? 108

5.4 Why make a Payment Claim? 127

Chapter 6 Payment Response and Payment Certificate 129

6.1 What is a Payment Response? 129

6.2 When to Make a Payment Response 129

6.3 How to Make a Payment Response 131

6.4 Why Make a Payment Response 157

6.5 Practice of Making Payment Claims and Payment Responses in the Construction Industry 157

6.6 What is a Payment Certificate? 159

6.7 When to Issue a Payment Certificate 160

6.8 How to Issue a Payment Certificate 160

Chapter 7 Variations 163

7.1 What is a Variation? 163

7.2 Instructions and Directions in the SIA Form of Contract 164

7.3 Instructions in the PSSCOC Form of Contract 167

7.4 Valuation of Variations 167

7.5 Rates for Variations 168

7.6 Sample Valuation of Variations 170

7.7 Agreed Valuation of Variations 178

7.8 Valuation of Variations in a Payment Claim 179

7.9 Valuation of Variations in a Payment Response 182

7.10 Differences in Valuation of Variations in Payment Claims and Payment Responses 182

Chapter 8 Loss & Expense and Material Price Fluctuation Claim 187

8.1 What is a Loss & Expense Claim? 187

8.2 How to Make a Claim for Loss & Expense in Accordance with PSSCOC Form of Contract 188

8.3 How to Make a Claim for Loss & Expense in Accordance with SIA Form of Contract 197

8.4 What is a Claim for Material Price Fluctuation? 198

8.5 Computation for Material Price Fluctuation 198

Chapter 9 Time for Completion 201

9.1 Completion Date as stipulated in the Contract 201

9.2 Extension of Time 202

9.3 Delay 207

9.4 Concurrent Delay 210

9.5 Issuing of Extension of Time in Practice 216

Chapter 10 Defects in Construction Works 219

10.1 What are Defects? 219

10.2 SIA Form of Contract in Rectifying or Resolving Defects 221

10.3 SIA Form of Contract in Resolving Defects During and Post Maintenance Period 225

10.4 PSSCOC Form of Contract in Resolving Defects 235

10.5 PSSCOC Form of Contract in Resolving Defects During Defects Liability Period 237

10.6 Powers in Resolving Defects During Progress of Works and Defects Liability Period in PSSCOC Form of Contract 240

Chapter 11 Final Account 243

11.1 What is a Final Account? 243

11.2 Final Account in the SIA Form of Contract 244

11.3 Final Account in the PSSCOC Form of Contract 246

11.4 Example: Final Account 1 249

11.5 Example: Final Account 2 251

Index 271

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