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CIVL202 Construction Engineering I

CIVL202 Construction Engineering I. Tutorial 4 T1 Mon 11:00 – 11:50 T2 Wed 09:00 – 09:50. Tutorial Outlines. Value Engineering Suspension, Delay or Interruption Liquidated Damages Progress Payments and Retainage Progress Reporting Acceptance and Final Payment. Value Engineering.

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CIVL202 Construction Engineering I

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  1. CIVL202Construction Engineering I Tutorial 4 T1 Mon 11:00 – 11:50 T2 Wed 09:00 – 09:50

  2. Tutorial Outlines • Value Engineering • Suspension, Delay or Interruption • Liquidated Damages • Progress Payments and Retainage • Progress Reporting • Acceptance and Final Payment

  3. Value Engineering • Encourage the contractor to suggest a cost-saving construction method • Allow the contractor to share a portion of saved cost • DBB contracts, contractor seldom have input to the design process • Weighted evaluation

  4. Suspension, Delay or Interruption • For government contracts, the officer may order the contractor in writing to suspend, delay or interruption for certain period of time • But it may be costly to the contractor • The owner is required to pay an adjustment for unreasonable suspension

  5. Liquidated Damage • The contractor cannot complete the project by a certain point of time, which will lead to non-availability of service of construction • Usually given in supplementary conditions • Amount of LD should reflect the actual amount incurred • If Charges > the actual amount of damage incurred, it acts as a kind of penalty, In this case, the owner have to give bonus to the contractor if the project has been finished earlier than expected

  6. Progress Payments and Retainage • Progress payments: contractor is reimbursed on a periodic basis, usually at the end of each month • Retainage: owner retains a portion of money(say 10%) which acts as an incentive for the contractor to complete the project properly

  7. Progress Reporting • The contractor is required to report the schedule of activity periodically to reflect the actual progress of the project • S-curves and bar charts

  8. Acceptance and Final Payment • Final acceptance is implemented by joint inspection, after which, final payment including retainage will be made • Punch list: which record the deficiencies of the project under joint inspection • Similar procedure between prime contractor and sub-contractors

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