A Quantity Surveyor’s Guide to Assessing Claims
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- čas přidán 5. 03. 2024
- Welcome to our comprehensive guide designed specifically for Quantity Surveyors navigating the complex landscape of construction claims. As the industry sees a rising trend in claims, understanding how to manage and assess these claims accurately is more crucial than ever. This video brings you essential tips and strategies to help you deflate inflated claims effectively, ensuring fair and efficient resolution of disputes.
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Great video as always mate!
Thank you!
Can you also please do a video on the topic who owns the float ?
We have further resource in relation to floats on our learning platform which can be accessed through Metroun.co.uk.
However, you might also find this video useful on critical path analysis from our channel:
czcams.com/video/5tIol9zxans/video.htmlsi=vGo1g9DzQasmbMPw
Great info.
Thank you!!
Thanks Sandeep!
Thank you , it is so useful
Glad you found it useful! Are you a Quantity Surveyor yourself?
I believe the exigence of clients to impose fixed price contracts to contractors in this current volatile economic climate in the construction industry means contractors have no choice but to try to maximize their revenues through the means of higher tender offers to account for risks of fluctuations increases, but it has been observed that contractors who do win tenders due to under pricing will try to recover perceived losses through claims. I believe in these times fixed price contracts pose immense commercial risks to contractors.
Your insight into the impact of fixed-price contracts in a fluctuating market is important. Contractors adjust their bids higher to cushion against potential cost changes, while clients opt for fixed prices for budget predictability. This scenario poses challenges in risk management for both sides, highlighting the need for a careful approach to balance contractors' financial safeguards and clients' budget needs.