Contract Variation in Construction: What You Need to Know
Автор: Cost Engineering Professional
Загружено: 2025-03-30
Просмотров: 4974
Contract variations are a common part of construction projects—but managing them the right way is crucial to avoid delays, disputes, and cost overruns. In this video, we’ll explain what a contract variation is, how it affects the construction contract, and the correct procedure to handle it.
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📌 We'll cover:
00:00 - Introduction
00:21 - Right to vary
00:36 - Variation initiation
01:37 - Contractor shall execute each variation
02:45 - Variation examples
04:00 - Contractor can't vary without instructions
04:28 - About Cost Engineering Professional
04:40 - Variation procedure
05:14 - Variation documentation
07:09 - Delay of work
07:59 - Instructions & recording of costs
08:39 - Variation evaluation
09:06 - What's next !!
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