Various standard forms of contract are used in the procurement of projects in the private and public sectors. Possessing clear understanding and knowledge of the standard forms available and their respective management
DurationVarious standard forms of contract are used in the procurement of projects in the private and public sectors. Possessing clear understanding and knowledge of the standard forms available and their respective management and administration procedures and requirements will help mitigate problems and difficulties arising from poor contract administration leading to inevitable time delays, probable cost penalties and potential disputes.
This course will be of interest and relevance to all stakeholders in the development process such as developers, quantity surveyors, managing agents, project managers, superintending officers, architects, engineers, construction managers, contracts managers and executives, contractors and sub-contractors including specialist contractors and suppliers of construction materials and products.
Course Objectives
The SIA Standard Form, currently in its 7th edition, and the PSSCOC 2008 Standard Form are widely used in the private and public sectors respectively for traditionally procured projects. Under the standard forms, the Employer is required to appoint an Architect or Superintending Officer to administer the contract on his behalf with the assistance of other professionals, and to issue and/or receive notices, directions, proposals, instructions and certificates.
The administrative procedures must be followed strictly, and in this regard, owners, project managers, consultants, contractors, sub-contractors and industry practitioners have to understand the meaning and implications of the contract provisions and appreciate what is expected of them as empowered by the conditions. In addition, practitioners entrusted with the responsibility for contract administration are also required to adhere closely to procedures and timelines in the management and issuance of notices, directions, instructions, certificates, etc.
With the Building and Construction Industry Security of Payment Act 2004 (SOP) which came into operation on 1 April 2005, the course includes, as an overview, the practice implications and protocols on making claims for and responses to payment applications. The course is designed and structured to cover key aspects of contract administration and how these are and should be addressed within the SIA and PSSCOC contractual framework.
The Institute was established in 1982 when the Singapore Institute of surveyors and the Singapore Institute of Valuers merged. The Institute comprises 3 divisions: the Land Surveyors, the Quantity Surveyors and the Valuation and General Practice.
The Land Surveyors play a crucial role in the proper erection of buildings, especially high-rise construction, and the accurate delineation and identification of vertical and horizontal interests in these buildings.
The Quantity Surveyors are consulted on the economics of cost in the development or redevelopment process.
The Valuers give advice on the values of interests in property upon which all real estate activities are based on. In addition, the Valuation and General Practice also comprise real estate professionals dealing in marketing and agency, management and various forms of consultancy on real estate issues.
Objective
As stated in our Constitution, we aim to:
secure the advancement and facilitate the acquisition of that knowledge which constitutes the professions of Land Surveying, Quantity Surveying and Valuation and General Practice;
promote the general interests of the profession and to maintain and improve its usefulness for the benefit of the public;
regulate and improve the standards of professional conduct and practice of its members.
History of SISV
The singapore Institute of Surveyors and Valuers (SISV) was formed on 1st April 1982 following a merger between the Singapore Institute of Surveyors (SIS) and the Singapore Institute of Valuers (SIV). This merger was the culmination of seven years efforts by both the surveying and valuing professions to form a single body to further their common interests.
Singapore Institute of Surveyors (SIS)
The SIS's history dated as far back to 1937 when then first professional institution for the Land Surveyors, Quantity Surveyors and Valuers was established in Singapore. That was the Malaya Branch of the Royal Institution of Chartered Surveyors (RICS). In 1957, Malaya become independent from Great Britain. For political and geographical reasons, the local branch sub-divided into the 'Singapore branch' and the 'Malaya Branch'. With encouragement and cooperation from the RICS, the Singapore Branch was phased out. The Singapore institute of Surveyors came into being on 23 July 1968.
Singapore Institute of Valuers (SIV)
The SIV can trace its origin back to 18 January 1963 when then Real Estate Valuers Association (Singapore) [REVA(S)] was formed as a result of discussions by a group of members of the Chartered Auctioneers and Estate Agents institute of the United Kingdom to have a local association of Valuers, Auctioneers and Estate Agents. In 1977, the REVA(S) decided to amend its Constitution and ByeLaws and changed its name to the Singapore Institute of Valuers (SIV). The REVA(S) formally become SIV on 22 September 1977.
About Coursetakers.com
Coursetakers.com is more than a decade old course aggregator and Online course platform that helps students find courses and compare course prices from Training providers in the USA, by just submitting their inquiry through the website. Coursetakers also helps Institutes, Universities and Online Instructors market their courses, gain leads and get more students to enroll into their courses.
© 2025 coursetakers.com All Rights Reserved. Terms and Conditions of use | Privacy Policy
Online
USA
UK
India
UAE
South Africa
Canada
New Zealand
Australia
Malaysia
Singapore
Saudi Arabia
Egypt
Jordan