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Over the last few years, the construction industry has been facing many challenges: Quantity surveying Assignment, UOS, UK
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University | University Of Salford (UOS) |
---|---|
Subject | Quantity surveying Assignment |
Over the last few years, the construction industry has been facing many challenges. The magnitude of challenges faced by the UK construction industry due to the impact of Brexit has increased significantly with the advent of Covid-19, which disrupted the normality not only in the UK but also all around the world. It seems that these challenges will continue to grow, with extraordinary levels of price increases in critical construction materials and utilities.
In fact, major Construction Industry information sources such as ‘RICS’, ‘The Guardian’ and ‘Construction News report that steel prices rose 77.4% in 2021 and timber prices rose 80% in the first half of that year. The cost of labor also increased, with salaries of construction workers rising 6.7% over the first half of 2021. These challenges have significantly hampered the Construction Industry where the level and complexity of construction disputes have risen sharply. In fact, the Construction News website reports that “the average value of disputes in the UK rose to £27.4m last year, up from £12.6m in 2019” and with even bigger challenges ahead, more significant increases in disputes can be anticipated.
Assessed intended learning outcomes
On successful completion of this assessment, you will be able to:
⦁ Critically evaluate differences in contractual provisions of standard forms of contracts such as JCT, FIDIC, ECC/NEC, GC Works
⦁ Compare and contrast contractual procedures and clauses of various standard forms of contracts in terms of time, cost, and quality parameters.
⦁ Critically evaluate various dispute resolution and avoidance mechanisms such as adjudication and arbitration, and their procedures
⦁ Advise the client on the selection of the appropriate standard form of contract and warranties for the chosen procurement route
⦁ Advise relevant parties on the administrative procedures necessary for the smooth running of a construction contract
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