With reference to a variety of construction contracts, this note summarises the principal features of completion of construction works.
This guidance note summarises what a final account is and how they are used to establish a final adjustment to the contract price. It is effective from 14 March 2016.
The role of a commercial manager, and the commercial management functions performed, play a critical part in the commercial and financial success of a construction project or of any other business.
Covering the stages of a project from inception to commencement on site, this note offers best practice guidance for property professionals involved in development management of construction projects.
Covering the stages of a project from inception to commencement on site, this note offers best practice guidance for property professionals involved in development management of construction projects.
This guidance note assists professionals to adjudicate disputes relating to works carried out under a construction contract and works carried out under a contract to which the Construction Act does not apply, but under which the p...
Intended for use within the UK, this guidance is essential reading for all RICS members asked to advise in relation to renewable energy schemes.
This guidance note summarises what is meant by a life cycle costing and whole life costing service for both new construction works and for the refurbishment of existing assets.
This global adaptation defines cash flow forecasting, before giving guidance on producing a useful forecast, explaining how to use it to assess progress on site, and analyse actual expenditure against forecast expenditure.
Intended to assist surveyors of all levels of expertise, this note provides guidance on advising clients as to how environmental and sustainability issues impact upon all aspects of land, property and construction.
Summarises what is meant by conflict avoidance and dispute resolution, identifying the key issues that all surveyors should understand in respect of these distinct and substantive areas.
Reviews security and performance documents normally associated with a construction project, noting the main types of document, the parties to them, their purpose and general terms.
Most construction contracts require interim payments to be paid to the contractor. This is to relieve the contractor of the burden of financing the whole of the works until completion; works which may take many months or years to ...
This guidance note summarises what tendering is and how tendering processes are used to establish a contract price. It also reviews different types of tendering and negotiation strategies and their advantages and disadvantages. It...
This guidance summarises what is meant by ‘acceleration’ in the construction industry; it also looks at how acceleration can be achieved and how it can be valued.
Employer’s agent: design and build is intended for use in conjunction with the JCT Design and Build Contract where an agent will be appointed by the employer to represent him or her. This guidance note considers the role and respo...
Delays occur on most construction projects, and always have done. At some point during a project, particular parts of the works, or the works as a whole, will not progress as quickly as planned, with the risk that the contractual ...
The purpose of this guidance note is to outline the different types of fluctuating price mechanisms available for use within those contracts, selection of the most appropriate mechanism for particular situations, and techniques fo...
This guidance note provides a professional practitioner or individual commissioned to undertake a survey with outlined guidance on fulfilling elements of a client's brief, along with unique aspects arising from the myriad of asset...
NRM 1 provides guidance on the quantification of building works for the purpose of preparing cost estimates and cost plans. It is the ‘cornerstone’ of good cost management of construction projects – enabling more effective and acc...