Transcription of 1st edition, guidance note Valuing change - RICS
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1st edition, guidance note Valuing change - RICS
Practice Standards, UK1st edition , guidance noteValuing change1st edition , guidance noteThis guidance note summarises what is meant by change and howit is valued under JCT, NEC and FIDIC forms of contract . change is given specific definition within standard forms of contract ,for example a Variation, change of Employer s Requirements or aCompensation Event. Each of these terms is explained in thedefinition section of the relevant contract is given for each of the main groups of contracts andthe forms in most regular use within those groups, under thefollowing headings which map to the Assessment of ProfessionalCompetence (APC): General Principles (Level 1: Knowing) Practical Application (Level 2: Doing) Practical Considerations (Level 3: Doing/Advising).
This guidance note summarises what is meant by ‘change’ and how ... 1.7 JCT Major Project Construction Contract 7 1.8 JCT Intermediate Building Contract with Contractors Design 8 ... responsibility of deciding when it is appropriate to follow the guidance. If it is followed in an inappropriate case, the member will not be ...
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