Tuesday, April 21, 2015
Here is Question for the very first assignment by VHR sir on contract management , should be submitted in a week , also other reader may solve and comment below the post
Three Questions
1 Describe is Tender & E-tender with key elements. What are the documents required in tender ?
2 a) What are different types of contract ?
b) In what way lump sump contract is different from Item rate contract ? Compare them with example.
3 Compare between Penalty & liquidated damages, with examples.
Types of Construction contract, Lump sum, Unit rate, cost plus-fee, Cost Plus percentage-fee,
Incentive Contracts, Nature of Contract, Contract Documents and Contracting procedures, contract
revisions, Negotiated contracts, contract claims.
2. Contract Management - II :
Technical Specifications, Drawings, Tender Bond, Labour and Material Payment Bonds, Scrutiny of
Tenders, acceptance, letter of indent. Important Contract clauses, Terms of Payment, retention
acceptance and final payment, maintenance period, Time for Completion, Extension of time, Variation in work and conditions, claims and disputes, liquidated damages, Termination rights and responsibility of client, Architect, Engineer, Contractor, Professional liability. Disputes in contracts, Sub-contracts> Purchase orders as contracts. Insurance Contract and Claims. Arbitration, Accounts.
3. Tender Management :
Advance Techniques of Estimating. Principles of Analysis of rates and Specification, writing for
different types of construction industries, capital structure, Theories.
4. Legal Frame Work of Construction :
Constitutional provisions relating to Business and industry, Master Plans, Indian Contract Act.
Arbitration act.
5. Labour Laws and Legislation :
Contract labour (RRA) ACT 1970, laws relating to wages, bonus & industrial disputes.
Three Questions
1 Describe is Tender & E-tender with key elements. What are the documents required in tender ?
2 a) What are different types of contract ?
b) In what way lump sump contract is different from Item rate contract ? Compare them with example.
3 Compare between Penalty & liquidated damages, with examples.
SYLLABUS
MVCT 201 – Construction Management
1. Contract Management - I :Types of Construction contract, Lump sum, Unit rate, cost plus-fee, Cost Plus percentage-fee,
Incentive Contracts, Nature of Contract, Contract Documents and Contracting procedures, contract
revisions, Negotiated contracts, contract claims.
2. Contract Management - II :
Technical Specifications, Drawings, Tender Bond, Labour and Material Payment Bonds, Scrutiny of
Tenders, acceptance, letter of indent. Important Contract clauses, Terms of Payment, retention
acceptance and final payment, maintenance period, Time for Completion, Extension of time, Variation in work and conditions, claims and disputes, liquidated damages, Termination rights and responsibility of client, Architect, Engineer, Contractor, Professional liability. Disputes in contracts, Sub-contracts> Purchase orders as contracts. Insurance Contract and Claims. Arbitration, Accounts.
3. Tender Management :
Advance Techniques of Estimating. Principles of Analysis of rates and Specification, writing for
different types of construction industries, capital structure, Theories.
4. Legal Frame Work of Construction :
Constitutional provisions relating to Business and industry, Master Plans, Indian Contract Act.
Arbitration act.
5. Labour Laws and Legislation :
Contract labour (RRA) ACT 1970, laws relating to wages, bonus & industrial disputes.
