A final inspection is carried out at the end of this period, to check items which may require attention before releasing the builder from the contract.
Certifier — approving and certifying any changes and variations, any claims for payment and any alterations in the time frame. It makes economic sense, therefore, not to overburden the participants with unnecessary information requirements, and to concentrate on those which are relevant to the work which is to be undertaken.
Both involve the invitation of tenders from firms on a pre-approved or ad hoc list, chosen because they meet certain minimum standards in general criteria such as financial standing, experience, capability and competence.
The contractor refused since this was not normal procedure. Regular site inspections and meetings are held to monitor progress.
It should adopt and observe the key values of fairness, clarity, simplicity and accountability, as well as reinforce the idea that the apportionment of risk to the party best placed to assess and manage it is fundamental to the success of a project. Larger projects may require a team of up to six or ten specialists.
Seven contractors were invited to tender for the works; and six contractors did so. Tendering is a very sensitive period because of the amount of people and effort involved in preparing the price and the size of the stakes.