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What is ‘General Conditions’ in a Construction Contract: Key Components Explained

Building Radar

Understanding the term “”general conditions”” is crucial for all parties involved. These conditions lay the groundwork for how a project will be managed, defining the responsibilities and expectations of both the client and the contractor. What Are General Conditions?

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Newforma Konekt Enhances Industry-Leading Cloud-Based AECO Project Information Management Solution with Innovative System for Critical Contract Changes

Civil + Structural Engineer

BOSTON — Newforma affirms its position as a leader in project information management software with an enhanced version of Newforma Konekt, the first truly collaborative cloud-hosted ecosystem for the architecture, engineering, construction, and owner (AECO) industry.

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Construction Risk Management | Contractor Risk Management | Construction Risk Register | What Is Construction Management at Risk

CivilJungle

Information of Construction Risk Management. Construction risk management is a long steep process, in which we have to calculate the all-possible risk and determine the process by which we can reduce this type of risk. Where we identify, analyze the risks and work over them.

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Mastering VOB German Construction Contract Procedures

Building Radar

As the standard set of regulations governing construction contracts in Germany, mastering VOB procedures can significantly impact project success. The VOB, comprising three parts, establishes the legal framework for construction contracts in Germany. Scope of Work Clearly defining the scope of work is crucial for project success.

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What is a ‘Lump Sum Contract’: Understanding Fixed-Price Agreements

Building Radar

A “lump sum contract”, also known as a fixed-price contract, is one of the most common types of agreements in the construction industry. This type of contract stipulates a single price for all work done on a project, regardless of the actual time and materials used. What is a Lump Sum Contract?

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Contract Law in Construction Projects: Key Legal Considerations

Building Radar

Contract law is a fundamental aspect of construction projects, ensuring that all parties involved have clear, enforceable agreements. Understanding the key legal considerations in construction contracts can help prevent disputes, manage risks, and ensure successful project completion.

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What is ‘Construction Management at Risk (CMAR)’: Understanding the CMAR Delivery Method

Building Radar

Construction Management at Risk (CMAR) is a project delivery method that has become increasingly popular in the construction industry due to its unique approach to managing risk and ensuring project success. Understanding Construction Management at Risk (CMAR) What is CMAR?