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An Overview of Measurement, Valuation and Variations under FIDIC Red Book

An Overview of Measurement, Valuation and Variations under FIDIC Red Book

Level Advanced
Duration 30 minutes

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.

Clauses 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.

Accreditations & CPD

This course provides structured Continuing Professional Development (CPD). Recognition of CPD is subject to individual professional body requirements and the learner’s role. This course is not formally accredited unless explicitly stated.

Suitable for CPD requirements of RICS, CIOB, ICE, APM, and PMI members.

Learning Outcomes

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

About the Author

This course is produced by Built Intelligence, in association with Michael Bennett.

Michael is a solicitor and adjudicator with over 15 years of experience. He specialises in engineering and construction disputes, with a particular focus on highly technical matters and has advised on projects across almost every sector, including power, rail, road, pharmaceutical, oil and coastal defence.

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