Contracts are the form of the agreements enforceable by law. The term Contract, so far as the Public Works Department is concerned, indicates a written undertaking of the execution of a work, a supply of some material or any service-connected therewith duly accepted and registered by the competent authority on behalf of the Union or […]
Types of Contracts in Construction Industry Read More »
A Tender is an invitation to bid for any project that must be submitted within a limited time. The tendering process is a combination of the sequential procedures required in purchasing goods or services from external suppliers. Tendering is usually practised by government institutions. The main objective of this process is to eliminate corruption in
For every construction projects, whether it’s a petty work, maintenance work, or construction of large & complex projects consisting of several segments, Estimate is one of the important aspects to which a civil engineer is significantly involved in. Within the two major components of any construction projects, Time and Budget, Estimate is the preparation of
Project delivery methods are the process of allocating the contractual responsibilities for the design and construction of a project. What is a Contract? A contract is an agreement with specific terms between two people or entities where there is a promise to do something in return for consideration. In the construction industry, the contract
Project Delivery Methods ( 7 Types ) Read More »
In civil engineering, real estate is the sector which consists property of land and building. Real estate industry works in producing, buying and selling of these properties. While doing business in real estate main requirement is that the exact valuation of the property. Valuation is defined as a technique of estimating the economic value of
Introduction to Real Estate Valuation Read More »