Discuss about the Legal Risk Management for Construction Projects.
Construction projects are the major and leading part of industries. These projects need proper care and support from the government as well as the organization, which is involved in the construction. In the proposed project, the organization O’RALLY ARCHITECTS have been appointed for the renovation of the building of the industry.
This report deals with the scope of the proposed construction project along with the legislations that have to be considered for the project. The two form contracts have also been explained in the assignment that can be adopted for the completion of the project. The risks associated with the contracts have also been discussed.
The construction team from the inception of the project tends to provide delivery effort and cohesive planning to act on the behalf of the owner (Porwal and Hewage 2013). The management services of construction are divided into two major tiers. They are the pre-construction phase/planning design phase and the construction or delivery phase. In the first phase, the construction team is considered as the sounding boards of providing analyzing alternatives and information for both the architect and the owner. At this point, the assistance provided by the construction management team indulges many procedures such as providing the value cost analysis to the architect and the engineer, advising the construction methods to the owner, cost estimation and budgeting and establishment of operational procedures. This phase also includes the bid qualifying and assessment, awarding of the contracts and the contact review and execution phase. The space used, design, energy efficiency, mechanical system, market value and structural integrity were evaluated in the first part itself. The second phase includes providing on-site administration, scheduling of the procedures, developing and maintaining the construction schedules and processing of the changes initiated by the owner. After these procedures, obtaining the building equipment of the owner, operating manuals and the warrant information are indulged. The zero punch lists is provided regarding the project. the reviewing was done in the second phase and it included cost vs. the budget, quality vs. workmanship review, change order summary and change order summary.
There are various legislations associated with the proposed project. the legislations involved are mentioned below-
The Royal Australian Institute of Architects developed this contract. This contract is used for building the industries buildings. The variations associated with this contract are that maximum percentage of the contractor’s overhead and profit is nominated accordingly. The nominations are applied to the difference between the performance of the work and the provisional sum. If performance of the work cost exceeds the provisional sum, the percentage is added to the difference and the resultant is summed up with the contract sum.
The contract can fail to pay if rate of interest to be applied to outstanding payments are nominated in schedule. This can pose fatal result to the site’s renovation as delay may be caused in the working procedure.
This act was issued by the Department of Administrative Services. Some of the public work department in all the states uses the conditions. Here, the variations are valued by application of bill or the scheduled rates. Percentage is not added here. Day work rates are applied and agreed charge to cover the overheads.
This contract fails if the rate of interest is not mentioned. This can pose fatal result to the site’s renovation as delay may be caused in the working procedure. Thus, the owner and the engineers may face certain problems.
Conclusion
Hence, from the above discussion it can be concluded that Construction projects are the major and leading part of industries. These projects need proper care and support from the government as well as the organization, which is involved in the construction. Various legislations have to be taken in consideration while performing the proposed project.
References
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Fulford, R. and Standing, C., 2014. Construction industry productivity and the potential for collaborative practice. International Journal of Project Management, 32(2), pp.315-326.
Hwang, B.G., Zhao, X. and Toh, L.P., 2014. Risk management in small construction projects in Singapore: status, barriers and impact. International Journal of Project Management, 32(1), pp.116-124.
Kanamori, H., Rutala, W.A., Sickbert-Bennett, E.E. and Weber, D.J., 2015. Review of fungal outbreaks and infection prevention in healthcare settings during construction and renovation. Clinical Infectious Diseases, p.civ297.
Ling, F.Y.Y., Ong, S.Y., Ke, Y., Wang, S. and Zou, P., 2014. Drivers and barriers to adopting relational contracting practices in public projects: Comparative study of Beijing and Sydney. International Journal of Project Management, 32(2), pp.275-285.
Osei-Kyei, R. and Chan, A.P., 2015. Review of studies on the Critical Success Factors for Public–Private Partnership (PPP) projects from 1990 to 2013. International Journal of Project Management, 33(6), pp.1335-1346.
Porwal, A. and Hewage, K.N., 2013. Building Information Modeling (BIM) partnering framework for public construction projects. Automation in Construction, 31, pp.204-214.
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