Nominating procedures are easy when you know how

Article Abstract:

The procedure for nominated subcontractors, architects and main contractors to negotiate a framework for discussing contract terms is outlined. The procedure is covered by Joint Contracts Tribunal Amendment 10 and has provision for subcontractors to undertake design work, to order and to fabricate materials before the nomination. Provision is also made for sub-contractors to withdraw from a contract and for main contractors to object to architect appointed sub-contractors. Disagreements over contract terms are also dealt with.

Contracts, Contractors, Independent contractors

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Budget for each operation and you're on line for success

Article Abstract:

Managing the finances of a project depends on good initial planning. The budget as set out in the contractor's estimate should be broken down into budgets for each individual operation. This enables accurate control of income, expenditure and profits and provides a simple link between time and financial control of the operations.

Planning, Project management, Budget, Budgeting, Budgets

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Costing variants and staffing needs will ease the stress

Article Abstract:

The electrical contractor needs to establish a comprehensive budgeting system relating to materials, plant and staffing. The use of computers can be helpful. Detailed calculations however, will not contribute much to the management process. The key objectives are monitor and control.

Finance, Business budgets, Electricians

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