Architecture / June 6, 2018 /
Construction involves the production of large scale capital assets which affect not only the client, designers and constructors but also users, the public, and the environment at large. Common law regulates the rights and obligations of the contracting parties not only to each other but also their duties of care to society in general.
It is clear that the purpose of a building will have a major bearing on its cost. Housing has a very different cost range to apartments and commercial development. Likewish the cost of providing public amenities such as conference centres, theatres and sports stadia cannot be directly related to the provision of public infrastructure such as hospitals or schools. The cost of each building must be related to its individual design, which may be benchmarked against similar national and international projects.