Measurement and Valuation in Building Contracts
- Measurement and valuation are crucial for construction project success.
- Course focuses on JCT contract application in measurement and valuation.
- Intended for construction professionals, project managers, and engineers.
- Covers contract styles, measurement methods, payment processes, and claims.
- Interactive course includes presentations, videos, and discussions.
Overview
This one-day course focuses on measurement and valuation in building contracts, emphasizing their importance in the commercial success of construction projects. It specifically examines the JCT contract, covering measurement, valuation, and payment processes. Aimed at construction professionals, project managers, quantity surveyors, and engineers, the course explores various JCT contract styles, methods of measurement, interim payments, variations, claims, and final accounts. The interactive format includes presentations, videos, and discussions to enhance learning.
Who should attend
Quantity Surveyors, Project Managers, Engineers
Course duration: 1 Day
Cost: £295 + VAT
Measurement and valuation in building contracts are critical factors in determining the commercial success of a construction project.
This focused one day course considers the JCT contract and its application with respect to measurement, valuation and payment.
The range of contract styles under JCT forms are presented together with appropriate methods of measurement. The life cycle of the process is considered from interim payment to final account, including valuations, certification and payment together with the process for dealing with variations, errors, ambiguities and claims. This is an interactive course utilising presentation, video and discussion.
Intended for
Construction professionals, project managers, quantity surveyors and engineers working for contractors, consultants and clients who need a detailed understanding of the measurement and valuation process.
Outline Programme
Styles of JCT contract forms – lump sum, re-measurement, cost plus and target cost.
Activity schedules and their role.
Interim payments.
Advanced payments.
Variations.
Claims.
Final account.
Course review.
