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An Overview of Measurement, Valuation and Variations
An Overview of Measurement, Valuation and Variations
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This course will take you through the key elements of measuring and valuing the Works, as well as setting out the processes for instructing and agreeing Variations.
Clause 12 and 13, which deal with these aspects of the Contract, are relatively short, containing only 11 Sub-Clauses between them. However, they are an area which leads to a significant number of disputes so a good understanding of them is crucial to properly administering the Contract.
After completing this course, you should be able to explain:
- Where to find the method of measurement
- The two types of measurement process
- How Variations might be instructed
- When the Contract Price may be adjusted
