TYPES OF CONTRACTS The risk shared between the buyer and seller is determined by the contract type. Although the firm-fixedprice type of contractual arrangement is typically the preferred type which is encouraged and often demanded by most organizations‚ there are times when another contract form may be in the best interests of the project. If a contract type other than fixed-price is intended‚ it is incumbent on the project team to justify its use. The type of contract to be used and the specific
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CONSTRUCTION CONTRACTS IAS 11 – DEFINATION IAS 11 defines a construction contract as: a contract specifically negotiated for the construction of an asset or a combination of assets that are closely interrelated or interdependent in terms of their design‚ technology‚ and function for their ultimate purpose or use. IAS 11 – TREATMENT Where possible‚ IAS 11 applies the accruals concept to the revenue earned on a construction contract. If the outcome of a project can be reasonably foreseen‚ then
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Development Objectives for Eng Tech TMICE/ AMICE / MICE and IEng MICE / CEng MICE Introduction This word document contains the tables extracted from ICE 3005A to allow for the recording of the claims of achievement electronically. Reference should be made to the full ICE 3005A document for details of the whole document including guidance on its use. B Apply appropriate theoretical and practical methods to the analysis and solution of engineering* problems B1 Contribute
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Purpose The purpose of this paper is address the issue of turnaround time in contract negotiations. We will present recommendations on how to streamline the contract negotiation process by implementing a change in the current process and creating a standard contract. Background Liferay‚ Inc. is a software and service oriented company who has an open-sourced product. It was founded in 2004 in response to growing demand for Liferay Portal‚ the market’s leading independent portal product that was garnering
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40 Objective Type ASP.NET Interview Questions (Part 1) 1. How do you retrieve username in case of Windows Authentication? System.Environment.UserName 2. What is the control for which by default post back is true? Button 3. Where the private assembly is stored in asp.net?. application / bin directory 4. Where the public assembly is stored in asp.net?. Global Assembly Cache (GAC) 5. What events will occur when a page is loaded? 1) Page_PreInit 2) Page_Init 3) Page_InitComplete
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Summaries Synchrony and Casual Relations Between Permian-Triassic Boundary Crises and Siberian Flood Volcanism" by Paul R. Renne‚ Zhang Zichao‚ Mark A. Richards‚ Michael T. Black‚ Ashish R. Basu The paper focuses on the mass extinction that took place at the Permian-Triassic (P-T) boundary‚ as the greatest bio-crisis on Earth‚ whereby almost 90% of the marine species and 70% of terrestrial species were eliminated. This paper regards the Siberian traps‚ the most significant "continental flood volcanism
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Objectives of COMESA COMESA was established in 1994 to replace the Preferential Trade Area for Eastern and Southern Africa (PTA)‚ which had been in existence since 1981. The PTA was established within the framework of the OAU’s Lagos Plan of Action (LPA) and the Final Act of Lagos (FAL). Both the LPA and the FAL envisaged an evolutionary process in the economic integration of the continent in which regional economic communities would constitute building blocks upon which the creation of an African
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Marketing objectives define what you want to accomplish through your marketing activities. There are several important factors to consider when establishing effective marketing objectives. When setting objectives it is very important to ensure that your objectives are; specific‚ measurable‚ achievable‚ realistic and time specific‚ or SMART for short. The "SMART" approach allows you to effectively manage your marketing activities and importantly be able to determine how successful they have been
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Abstract Stress Project 1. Introduction The clutch used in automotive applications is generally a single plate dry clutch. In this type the clutch plate is interposed between the flywheel surface of the engine and pressure plate. 1.1 Operation & Methodology: Basically‚ the clutch needs three parts. These are the engine flywheel‚ a friction disc called the “clutch plate” and a pressure plate. When the engine is running
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: 25 /09/2014 Submitted on:26/09/2014 Term Paper Dismantling the boundaries of folk and classical artforms-A journey through K Satchidanandan article "REFLECTIONS: the folk and the classical interrogating the boundaries’. K Satchidanandan article brings out a distinction between folk and classical art forms. He introspect the boundaries that divide the two and tries to bring out the picture of one in opposition to other. He defines folk as free of all bonds‚ flexible and subject to any kind of change
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