Download - Contracts types
Contractor Management Contract (CM)
Employer
Contractor 1 Contractor 2 Contractor n
CONSTRUCTION MANAGER
Contractor firm
Engineer-Contractor Management Contract (ECM)
Employer
Contractor 1 Contractor 2 Contractor n
CONSTRUCTION MANAGER
Contractor firm
ARCHITECT
Engineering firm
EPC Turnkey : Engineering Procurement and Construction
Contractor
Engineering (Design)
Procurement
Construction
EMPLOYER
Contract type Design Payment/ Funding
Higher Authorit
y
Unforeseeable physical conditions
Quality C/A
Force majeure
Design –Bid -Build Employer Employer Engineer Employer Engineer Employer
Design -Build Contractor
Employer Engineer Employer Engineer Employer
CM Employer Employer Employer
Employer Contractor
Employer
ECM Engineer Employer Engineer Employer Contractor
Employer
EPC Contractor
Employer Contractor
Contractor Contractor
Employer
BOOT/BOT Contractor
Contractor
Contractor
Contractor Contractor
Employer
Risk matrix
1- Measurement basis:measurement of QTY’s from Drawing s x Unit prices2- Lump Sum /or Fixed PricePercentage payment across BOQ items3- Target ContractPercent of completed targets
PAYMENT METHODS
4- Cost Plus Fee: used for Un-complete or un-defined scope
CPFF: Cost plus fixed fee:
Payment= Bills + Fixed Fee
CPPF: Cost plus percentage fee
Payment= Bills+ Percent x Bills
CPAF: Cost plus award fee:
Payment= Bills+ Agreed award fee
CPIF: Cost plus incentive fee:
Payment= Bills+ Agreed incentive as per progress PAYMENT METHODS