Changes to the scope of work are common on a construction site. It can happen whether adding, omitting, or substituting work outlined in the original contract. This is what we call a variation. But how do you navigate these variations when they come up? Understanding...
In construction, contingency refers to a specific amount of money set aside within your contract to cover any unforeseen circumstances or costs. Think of it as a financial safety net. It’s there to help you manage any unexpected surprises. As a contractor, you can...
When you’re working on a construction project, you might come across a Prime Cost (PC) sum. But what does that mean for you as a contractor? A PC sum is a value put aside in a building contract for items that haven’t been chosen or priced at the time the contract is...
Your contract is everything when it comes to working in construction. If an issue comes up, it might seem easier just to say, “It’s grand; we’ll figure something out,” and try to sort things out yourself. But, when it comes to construction contracts, especially under...
Have you ever considered outsourcing your QS work? All the major construction companies are doing it these days. It saves time, resources, overheads, and so much more. If you’re only used to hiring in-house, read on to see the six major differences between using a...