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Assignment On Significance of Contract Clause

   

Added on  2020-04-01

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CONTRACT PRACTICE
Assignment On Significance of Contract Clause_1

TABLE OF CONTENTPART 1............................................................................................................................................31. Importance of role and responsibility of owner.......................................................................3II. Significance of contract clauses relating to the valuation of variations under the BCA regulations....................................................................................................................................4Analysis of various contractual mechanisms that can be used by HDB to resolve the issues.....5Part 2................................................................................................................................................7(i) Stating the importance of the knowledge of dispute resolution in both condition.................7Part 2 (ii) Discussing importance of insurance, bond and warranties in construction project on a given scenario...........................................................................................................................8References......................................................................................................................................10
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PART 11.Importance of role and responsibility of ownertowards designer, contractor and quality survivorAccording to the given case, ABC Ltd has won a place on the framework agreement torefurbish sixblocks of public housing block for Housing Development Board (HDB). The boardneeds to ensure every process of the building construction. With respect to this, roles andresponsibility of the owner will be as follows:To decide the scope, program, and budget for the construction of the building before thedesign. In the design phase, owner monitors every process for knowing the progress and qualityof work. Along with this, it is theduty of HDB to provide all requirements to the designer(Genn, Greger and Menkel-Meadow, 2014). While issuing the construction documents, it is theresponsibility of theowner to confirmthat plans and specifications are sufficient for the contractor to follow and use.In case, if the specifications contain any error or mistake than it is theresponsibility ofHDB for the extra cost. So, owner focuses on managing quality and provide thisresponsibility to quality survivor. In theconstruction phase, the responsibility of HDB is being executed by its agent anddesigner. During this period, proper responses on time are given to the contractor withrespect to the information they request, proposed changes and claims (Hoffman, 2014). The HDB is taking the decisions regarding the typical construction project. For example,what tools and technique to be utilized by architect, CPA, real estate broker, engineer,band officer, etc. An important role of decision maker is played by the owner in helping thearchitect toprepare recommendations regarding the technical matters, quality, cost, time andnecessary corrections.
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According to the given case, ABC Ltd has won a place on the framework agreement torefurbish sixblocks of public housing block for Housing Development Board (HDB). The boardneeds to ensure every process of the building construction. With respect to this, roles andresponsibility of the owner will be as follows:Roles and responsibilities of Quality Surveyor:His role is to manage and maintain the costs with respect to the construction projects.Responsibilities are as:Coordination of workEvaluation of estimate materials, time and labor cost with the help of relevant studies Preparation, negotiation and analysis of the costs regarding the tenders and contracts Provide appropriate advice on a range of legal or contractual problemsRole and responsibilities of Project Manager:Cost and time estimating Risk Analysis Planning and Sequencing of the activitiesDevelopment of budgetProper documentation of all the processesMonitoring and reporting Planning of resourcesRoles and responsibilities of Engineer:Designing of project To ensure if equipments are properly designed, selected and installedTo make sure that equipments are working properly as per the requirement Monitoring and handling issues if any occursRoles and responsibilities of Consultant:Project Scheduling Quality control and assurance
Assignment On Significance of Contract Clause_4

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