Architecture / June 25, 2018 /
The contract documents set out what work must be done, and how, and under what conditions it is to be done. They identify the contractors obligations and liabilities and form the contractual agreement to do the work for the stated price or at the agreed rates. Many if not most financial problems in building originate in inadequate or unclear tender and contract documents, often culminating in disputes between the client and the contractor over what is included in the price for the work.
The location of the project will influence its cost. High value sites attract high value developments and it is inappropriate to locate low value projects on valuable sites. Local development plans will constrain what can be built on such sites in any case. In general, urban locations are more expensive than their rural equivalents due to higher local wages, costs associated with access constraints, limited space for staff accommodation facilities and material storage, and the additional security measures required.