Beruflich Dokumente
Kultur Dokumente
QSB60604
Introduction
Procurement Procurement Process
method Reason of choosing
Developer Consultant
Management Contractor
Budget
Contractor selected
Design
(With employees Advise on buildability ,cost
agreement) and packaging
1. Full control of design -
MC allows client to have
full control of design.
Collection of
Preparation of Tender
Tender Document
Tender Document Evaluation
and Submission
Project Minimum
completed variation to
on time Contract
Price
Clients Requirements
Cost-Plus Contract
No profit and overhead for contractor during construction period
Reimbursed by an agreed fee from client ( % on total construction cost or
monthly fee)
Owner pay without markups and plus a set fee for contractors profit
Compensation also included for late completion
E.g. Liquidated Damages
Cost-Plus Contract
Advantages of this contract:
Maximum flexibility provided
Financial control on client
GMP (Guarantee Maximum Price) Add-On
A total fixed price provided
Sharing of cost saving
Changes can be accommodated easily
Why not using other contractual alternatives?
Lump Sum Contract
Difficult to changes the quantity
Takes longest period to complete overall construction
Cover unforeseen circumstances by raising the price
Clauses 6.1
Health & Safety requirements are
Clause 18.1-18.4
Project complete on time and
Requirement by imposed Liquidated Damages of RM
250,000.00 a day.
Clients Clause 22.0 Damages For
Non-Completion
Clause 22.1-22.2
Q&A
Thank you!