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re-measurable/remeasurement contract

 re-measurable/remeasurement  contract  is the most popular type of contract used in the former construction industry. But even so, large construction companies are using this method to  hire  subcontractors for tasks such as painting, plastering, etc. In this method, the companies will receive the payment based on actual work. Compared to other  procurement methods , the client’s  risk is much higher,  and the contractor’s risk is minimal in this method Read  more
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Hudson Formula Calculator for EOT Claims OH&P

Hudson formula calculator created by quantitysurveyor.blog team.  Check here

Key essentials for a valid contract

According to the legal system, a binding legal agreement between offeror and offers ( can be more) is defined as a contract. Quantity surveyors are the key persons in the modern construction industry to make contractual agreements between the clients and contractors.  Therefore their knowledge regarding the contracts should be very sharp. there are four essentials that should be included in a valid contract.  read more

Value Engineering Process

The most important element of the value management  process, Value engineering is also known as the value analysis process.  It is a systematical process to optimised the output of the project into its maximum potentials. while keeping the initial and running cost low. As an example,  The modern construction industry is having various types of building materials, Using this each material type can differently affect the building time, initial cost and running cost of the project.   Read more