Study of contract price overrun with particular emphasis on claim situations in road and bridge contracts in the Road Development Authority

Abstract

The Parties involved in the construction contract, The Employer, The Contractor and the Engineer must accept that construction projects are susceptible to variety of factors that may result in contract price overrun. This research study produces a number of guidelines to minimise or avoid the contract price overrun and also provides information relating to claims in past contracts to enable RDA , Engineer to understand and predict the possible claims in the future contracts. It is recommended that the guidelines proposed be followed while preparing tender documents, contract documents and during contract administration to enable to reduce the impact of different cost elements.