Open Access. Powered by Scholars. Published by Universities.®
Articles 1 - 1 of 1
Full-Text Articles in Architecture
Preparing Interim Payment Valuations For Construction Works - Worked Examples And Solutions, Tony Cunningham
Preparing Interim Payment Valuations For Construction Works - Worked Examples And Solutions, Tony Cunningham
Other Resources
The effective administration of the payment clause of a building contract is one of the most important tasks that the contract administrator and consultant quantity surveyor perform during the contract period. This study examines the principles and procedures for calculating interim payments in accordance with the terms of the Royal Institute of the Architects of Ireland (RIAI) ‘Yellow’ and ‘Blue’ Forms of Contract (2017) and the Public Works Contract Form - PW-CF1 (version 2.2 09/01/2017). These contract forms have recently been amended to take account of the Construction Contracts Act. The valuation principles and procedures are summarised and are applied …