Topic Cotract Claims Administration (Contractor) Essay Question Effective contract claims administration is crucial to the business success of a construction company. Explain why this is so. Then...

It's a contract administration questions, under AS-4000 contract, referencing is not allowed in essay answers




Topic Cotract Claims Administration (Contractor) Essay Question Effective contract claims administration is crucial to the business success of a construction company. Explain why this is so. Then identify and describe what, in your opinion, are the 5 greatest issues/challenges faced by contractors in contract claims administration (giving your reasons).Then put forward your recommendations to address these 5 issues/challenges. Topic – Variations (Principal) Essay Question One of the greatest risks faced by the Principal under the AS4000:1997 General Conditions of Contract are variations to the original scope of works and contractual provisions generally. Explain why this is so and outline the main contractual provisions for variations under this contract. Then describe how variations are valued under the contract and how profit and overheads are determined on variation work (citing all relevant clauses). Then outline the recommendations that you would put forward to a Principal to reduce the level of variations on their project when using a ‘construct only’ contract such as the AS4000 contract. Topic – General Administration (Superintendent) Essay Question The AS4000:1997 General Conditions of Contract places a lot of responsibility and liability on the Superintendent. Outline the main roles carried out by the Superintendent. Then identify and describe what, in your opinion, are the 5 greatest issues/challenges faced by the Superintendent in carrying out their roles under this contract (giving your reasons). Then put forward your recommendations to address these 5 issues/challenges. Where appropriate use one of the standard forms of contract AS4000 or in answering each question. Disputes are common in the building industry. a) Identify and describe the major causes of dispute in a typical building project. b) Describe and discuss the procedures and process in your chosen contract deals with disputes arising on the project between the parties. Delays in building contracts are quite common. Responsibility for such delays can be allocated to the Principal (owner) or the contractor. a) Describe the circumstances in which an extension of time can be granted in your chosen contract. b) Discuss the limitations to the contractor’s eligibility for such extensions. c) Describe the circumstances where a contractor may be paid delay or disruption costs. Use one of the standard forms of contract AS4000 in answering each question. Identify the contract(s) you are using in each question. Cite all relevant clauses in your chosen contract. QUESTION 3 Progress payments are an important feature of our building contracts. (a) Describe the process (steps) in the preparation and submission of a progress payment claim and the subsequent assessment, approval and certification of the claim for payment. (b) Describe the timing for each step in the process outlined in your answer to Q 3 (a). (c) Identify the typical content of a contractor’s progress payment claim.