Liquidated Damages (LDs) are a pre-agreed amount of compensation that the contractor must pay to the client if the project is not completed within the stipulated contract timeframe. 1. Key Characteristics of Liquidated Damages Ø Pre-Agreed Sum. The LD amount is agreed upon during the contract negotiation stage, typically expressed as a fixed daily or […]
Liquidated damages are monies that contracting parties agree on as the amount of damages the contractor pays to the client for breaching the contract by not finishing the work on time. They are not punitive but aim to compensate the client for anticipated losses caused by the delay. It’s a genuine pre-estimate of the probable
Liquidated Damages and how they affect the different parties on a Construction Project? Read More »
The failure of the Contract Administrator (CA), Project Manager (PM), or Architect to issue a defects notice can have serious implications for the project, the contractor, and the client. Defects notice is a formal document that lists identified defects that need to be rectified by the contractor, typically during the Defects Liability Period (DLP). When
Implications of the CA/PM/Architect not issuing a Defects Notice. Read More »
The construction industry is highly susceptible to defects, which can arise from substandard materials, poor workmanship, or design errors. Such defects, if not effectively managed, can lead to increased costs, delays, and disputes, potentially undermining the success of a project. Quantity Surveyors are uniquely positioned to manage these risks due to their expertise in cost
The Role of the Quantity Surveyor in Managing Construction Defects Read More »
Snag is a slang expression widely used in construction to define a list of minor defects or omissions in building works for the contractor to rectify. Inspection for these snags is done prior to practical completion when an area is considered complete by the contractor. These are usually issues that need to be corrected before
Snagging and Defects Liability Period on a Construction Project Read More »
Many construction contracts require that certificates are issued by the Contract Administrator (most cases Quantity Surveyor) or any other construction professional obliged under a contract in relation to some matter provided for by the forms of the contract. These can either be issued regularly during the course of the works or may signify that a
Construction Contracts Part 3: Certificates issued on a Construction Project. Read More »
In Uganda, the construction industry is shaped by a unique set of factors, including regulatory frameworks, economic conditions, and local industry practices. There are a number of methods that are being used to execute projects with the aim of achieving a designated goal/ plan of action. There are mainly four contractual networks used and these
Construction Contracts Part 2: Procurement and Contractual Networks in Uganda Read More »
Contracts vary from project to project and once agreed upon are binding on the parties involved. Presence of these contracts and obligations therein helps regulate practice and resolve disputes. On an ideal construction project, each stage should have parties involved with these parties having contractual obligations binding in any courts of law. In a typical
What is “Claimsmanship”? This term simply means that it’s the contractor’s responsibility to follow up his claims. It involves the employer seeking to enforce low rates and the contractor seeking to have extra works valuated i.e. negotiating claims for additional time or money. Bills of Quantities are very crucial in valuation of claims for they
A Claim is demand for what is due. In construction, demand can be in form of time and/ or cost and the right to it is usually bestowed by the Contract or implied from Common Law. The entitlement to a Contractor for extra pay arises from the defaults of the Employer or his agent i.e.
