Dear All,
I have a Colleague that he has a project under LSTK (Lump Sum Turn Key) contract that include a BOQ. The project is 90% completed now and the Supervising Consultant is about to pay the Contractor based on re-measurement which will bring the contract sum down by 91%.
There is no provision for remeasurement in the contract as it based on lump sum and the Contractor is responsible for the final design while the approval lies with the consultants.
I am of the opinion that the BOQ is meant to arrive at the Lump sum contract at the time of tender and also to admnister any contract change orders in post contract administration.
The funny thing is that the consultant based his monthly valuations on the actual quantities executed within the period.
My friend new additional advise as I have advised him to reject the Consultant Anticipated Final Account based on measurement.
I waant your comments you guys
Ciao
Rafel
I have a Colleague that he has a project under LSTK (Lump Sum Turn Key) contract that include a BOQ. The project is 90% completed now and the Supervising Consultant is about to pay the Contractor based on re-measurement which will bring the contract sum down by 91%.
There is no provision for remeasurement in the contract as it based on lump sum and the Contractor is responsible for the final design while the approval lies with the consultants.
I am of the opinion that the BOQ is meant to arrive at the Lump sum contract at the time of tender and also to admnister any contract change orders in post contract administration.
The funny thing is that the consultant based his monthly valuations on the actual quantities executed within the period.
My friend new additional advise as I have advised him to reject the Consultant Anticipated Final Account based on measurement.
I waant your comments you guys
Ciao
Rafel