Construction Contract Compliance

Construction Contract Compliance

Contract compliance is very important in managing construction projects. It seeks to ensure that government organizations, contractors or grant recipients are complying with the government standards concerning equal opportunity occupation. Through contract compliance,...
Schedule of Values (SOV) – Need and Importance

Schedule of Values (SOV) – Need and Importance

There are many documents used in the construction project, for example, for the payment process, for the change orders, at the job site and many more. One of the most important document is called the Schedule of Values (SOV). SOV is a document that sits at the...
AIA Billing System

AIA Billing System

AIA billing is a type of progress billing, in which total bill is based on the progress of the job. The AIA billing system is developed by the American Institute of Architects in 1992. It is a standardized method of construction percentage of completion contract...