BBSE3009/4409
Project
Management and Engineering Economics
Measurement and Valuation of Works (MVW)
1. Architect's
Instructions
2. Variations
3. Measurement
and Valuation of Variations
4. Pro-Rata Rates
5. Fair Valuation
6. Provisional
and Prime Cost Sums
7. Certificates
and Payments
[Powerpoint file in PDF format]
[Lecture notes in PDF format]
Further Reading:
- Architect's instruction, http://www.designingbuildings.co.uk/wiki/Architect%27s_instruction
- How to Survive during Construction, http://www.ekjn.co.uk/Construction_phase.htm
- How
architects administer construction projects
- Variations, http://www.designingbuildings.co.uk/wiki/Variations
- Contract Sum,
http://www.designingbuildings.co.uk/wiki/Contract_sum
- Provisional Sum,
http://www.designingbuildings.co.uk/wiki/Provisional_sum
- Prime
Cost Sum, http://www.designingbuildings.co.uk/wiki/Prime_cost_sum
- Interim Certificate (and
Interim Payment), http://www.designingbuildings.co.uk/wiki/Interim_certificate
- Retention, http://www.designingbuildings.co.uk/wiki/Retention
- Practical
Completion (or Sustantial Completion), http://www.designingbuildings.co.uk/wiki/Practical_completion
- Defects Liability
Period, http://www.designingbuildings.co.uk/wiki/Defects_liability_period
- Final
Certificate, http://www.designingbuildings.co.uk/wiki/Final_certificate
- Final Account, http://www.designingbuildings.co.uk/wiki/Final_account
- Examples of
Certificates and Payments [PDF]
- Hong Kong
Institute of Surveyors (HKIS) publications: Practice Notes, http://www.hkis.org.hk/en/publication_sales.php
- HKIS, 2012. Cost
Control and Financial Statements, Practice Notes for Quantity Surveyors,
Hong Kong Institute of Surveyors (HKIS),
Hong Kong. [PDF]
- HKIS, 2012. Valuation
of Variations, Practice Notes
for Quantity Surveyors, Hong Kong
Institute of Surveyors (HKIS), Hong Kong. [PDF]
- HKIS, 2014. Valuation
of Interim Payment Certificates,
Practice Notes for Quantity Surveyors, Hong Kong
Institute of Surveyors (HKIS), Hong Kong. [PDF]
- HKIS, 2012. Final
Accounts, Practice Notes for
Quantity Surveyors, Hong Kong
Institute of Surveyors (HKIS), Hong Kong. [PDF]
- Estimating and
Pricing 估算及套單價 http://kctang.com.hk/web/content/estimating-and-pricing-%E4%BC%B0%E7%AE%97%E5%8F%8A%E5%A5%97%E5%96%AE%E5%83%B9
- Payments 付款 http://kctang.com.hk/web/content/payments-%E4%BB%98%E6%AC%BE
References:
- Hills, M. J.,
1995. Building Contract Procedures in Hong Kong,
Chapters 11 and 12, Longman, Hong Kong. [692.95125
H65]
- HKIA, HKICM and
HKIS, 2005. Agreement & Schedule of Conditions of
Building Contract for Use in the Hong Kong Special
Administrative Region: Standard Form of Building Contract:
Private Editon: with Quantities, 2005 ed., Hong Kong
Institute of Architects, Hong Kong Institute of Construction
Managers and Hong Kong Institute of Surveyors, Hong Kong. [692.8095125
A27]
- HKIA, 1997. Agreement
& Schedule of Conditions of Building Contract for Use
in Hong Kong: Standard Form of Building Contract: Private
Edition - with Quantities, 1st amendments, Hong Kong
Institute of Architects, Hong Kong. [P
692.8095125 A27]
- HKIA, HKICM and
HKIS, 2005. Agreement & Schedule of Conditions of
Nominated Sub-contract for Use in the Hong Kong Special
Administrative Region, 2005 ed., Hong Kong Institute
of Architects, Hong Kong Institute of Construction Managers
and Hong Kong Institute of Surveyors, Hong Kong. [692.8095125
A27
n]
- HKIA, HKICM and
HKIS, 2005. Agreement & Schedule of Conditions of
Nominated Supply Contract for Use in the Hong Kong Special
Administrative Region, 2005 ed., Hong Kong Institute
of Architects, Hong Kong Institute of Construction Managers
and Hong Kong Institute of Surveyors, Hong Kong. [P
692.8095125 A27 s]
- RICS, 1997. Sub-contract:
For
Use where the Sub-contractor is Nominated Under the
Standard Form of Building Contract for Hong Kong, 1st
amendments, Royal Institution of Chartered Surveyors, Hong
Kong. [P
692.8 S9]
Useful Websites:
| Created: Aug 2012 | Update: 4 Mar
2016 | By: cmhui@hku.hk |