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Case Study 2 : Resolving Contract Disputes while working for a Contractor
Introduction: In this case study, we delve into a scenario where a quantity surveyor, working for a contractor, navigates through contract disputes, site visits, estimations, negotiations, and ultimately concludes the contract in full and final settlement.
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1. Role and Responsibilities: As a quantity surveyor employed by the contractor, my primary role was to manage the financial aspects of construction projects. This included cost estimation, budgeting, contract negotiation, and cost control.
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2. Site Visit and Assessment: Upon receiving notification of contract disputes, I conducted a thorough site visit to assess the work carried out and identify any incomplete or non-agreed tasks. This visit provided firsthand insights into the project status and enabled a more accurate estimation of the work done.
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3. Estimation of Work Carried Out: Using the data gathered during the site visit, I meticulously estimated the value of the work completed according to the terms outlined in the contract. This involved assessing labor, materials, and other relevant costs associated with the completed tasks.
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4. Estimation of Incomplete or Non-Agreed Work: Additionally, I identified areas of incomplete or non-agreed work and estimated the cost to rectify or complete these tasks. This assessment was crucial in determining the balance owed by the client for the remaining work.
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5. Negotiation and Proposal: Armed with detailed estimations, I initiated negotiations with the client to propose a fair and reasonable settlement. I presented the findings of the site visit and estimations, highlighting the discrepancies and seeking mutually beneficial solutions.
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6. Final Settlement Agreement: After rounds of negotiations and discussions, both parties reached a consensus on the final settlement amount. This agreement resolved all outstanding issues and liabilities, effectively dissolving the contract in full and final settlement.
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Conclusion: Through meticulous assessment, negotiation, and proposal, the contract dispute was successfully resolved, and the contract was dissolved in full and final settlement. Effective communication, thorough estimation, and a collaborative approach were instrumental in achieving a satisfactory resolution for all parties involved.