Building Contract Assessment
Building Contract Assessment is an assessment aimed to justify the actual work done by the contractor against the building contract signed or to be signed between two parties e.g., owner and main contractor; main contractor and subcontractor; owner and tenant; etc., whether there is any overclaim by one party or fraud claim. It is usually required when there are possibilities of disputes between both parties for a project claim. It shall be conducted by professional building consultant, who has extensive knowledge about building contract management.
Oak global checks to spot out non-compliance with approved design, non-compliance with material specifications, non-compliance to regulatory standards, and non-compliance due to alterations after issuance of the Certificate of Completion and Compliance (CCC).
- Third party reviewer on the building contract.
- Measure and identify the actual quantity of works done and material supplied.
- Determine the material specification for the material installed at the site.
- Compare the determined quantity and material specifications with the bill of quantity and find out any discrepancy between the actual and the specified item.
- Analyze and discuss about the findings and limitations, provide professional recommendations, and draw the conclusion to the findings.
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