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.
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.
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.
This guidance provides a summary of the purpose and process of both cost analysis and construction project benchmarking.
With reference to a variety of construction contracts, this note summarises the principal features of completion of construction works.
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 ...
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 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 supports the work of chartered surveyors who assess risks and give technical advice to those who provide third-party finance on real estate developments.
Examines the general principles of retention, including areas such as law; reasons for introduction within a contract; levels of retention, and how amounts are deducted, certified or released.
Provides a clear, flexible framework for practitioners to develop their own services the public can trust, consistent with the quality standards expected from RICS members.
Reviews termination of contract, corporate recovery and insolvency primarily from the perspective of a chartered surveyor with a commensurate level of specialism.
This guidance note summarises what is meant by ‘change’ and how it is valued under JCT, NEC and FIDIC forms of contract.