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Aspects of tenders for construction contracts

Before considering in detail that portion of the cost of a Civil Engineering project associated with the employment of a contractor, one should take an overall look at the total cost of an average project. This would usually include the following items a) cost of the land on which the project was to...

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Main Author: Crail, Hugh Francis
Other Authors: Sparks, A D W
Format: Thesis
Language:English
Published: Department of Civil Engineering 2016
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access_status_str Open Access
author Crail, Hugh Francis
author2 Sparks, A D W
author_browse Crail, Hugh Francis
Sparks, A D W
author_facet Sparks, A D W
Crail, Hugh Francis
author_sort Crail, Hugh Francis
collection Thesis
description Before considering in detail that portion of the cost of a Civil Engineering project associated with the employment of a contractor, one should take an overall look at the total cost of an average project. This would usually include the following items a) cost of the land on which the project was to be built; b) legal expense incurred in drawing up conditions of contract, etc.; c) financial expense including interest on bank loans or the cost of issuing bonds; d) cost of construction itself; e) cost of employing consulting eng1neers to design and supervise the project; f) loss of interest that could be earned by capital tied up during the construction period; g) contingencies. It is clear that while construction costs do not constitute the complete cost of a project, they nevertheless form a very large part. Hence, once the consultants have been appointed, they theoretically expend a great deal of time and energy in choosing an optimal design in close co-operation with the promoter.
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institution University of Cape Town (South Africa)
language eng
license_str Not specified — see source repository
provenance_str_mv Harvested via OAI-PMH from UCTD — University of Cape Town Open Access Repository
publishDate 2016
publishDateRange 2016
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publisher Department of Civil Engineering
publisherStr Department of Civil Engineering
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spelling oai:open.uct.ac.za:11427/17672 Aspects of tenders for construction contracts Crail, Hugh Francis Sparks, A D W Civil Engineering Construction contracts Before considering in detail that portion of the cost of a Civil Engineering project associated with the employment of a contractor, one should take an overall look at the total cost of an average project. This would usually include the following items a) cost of the land on which the project was to be built; b) legal expense incurred in drawing up conditions of contract, etc.; c) financial expense including interest on bank loans or the cost of issuing bonds; d) cost of construction itself; e) cost of employing consulting eng1neers to design and supervise the project; f) loss of interest that could be earned by capital tied up during the construction period; g) contingencies. It is clear that while construction costs do not constitute the complete cost of a project, they nevertheless form a very large part. Hence, once the consultants have been appointed, they theoretically expend a great deal of time and energy in choosing an optimal design in close co-operation with the promoter. 2016-03-14T07:02:58Z 2016-03-14T07:02:58Z 1972 Master Thesis Masters MSc http://hdl.handle.net/11427/17672 eng application/pdf Department of Civil Engineering Faculty of Engineering and the Built Environment University of Cape Town
spellingShingle Civil Engineering
Construction contracts
Crail, Hugh Francis
Aspects of tenders for construction contracts
thesis_degree_str Master's
title Aspects of tenders for construction contracts
title_full Aspects of tenders for construction contracts
title_fullStr Aspects of tenders for construction contracts
title_full_unstemmed Aspects of tenders for construction contracts
title_short Aspects of tenders for construction contracts
title_sort aspects of tenders for construction contracts
topic Civil Engineering
Construction contracts
url http://hdl.handle.net/11427/17672
work_keys_str_mv AT crailhughfrancis aspectsoftendersforconstructioncontracts