Report provides advice on how projects can be delivered ahead of schedule
The Royal Institute of Chartered Surveyors has published a report on the costs and benefits of accelerating the construction process.
The report provides advice on how projects can be delivered ahead of schedule and outlines the legal implications involved.
According to the RICS accelerating the construction process reduces site running costs, frees up staff for work elsewhere and ensures construction is completed by the contract completion date – thereby avoiding liability for liquidated damages.
Alan Muse, director with RICS, said:
“A number of construction contracts don’t currently include any procedural notes on acceleration, yet speeding up the construction process can be vital for construction firms and their clients.
“Projects can require accelerating for a variety of reasons so it is important that both contractors and clients understand precisely what is involved.”