Frameworks for remuneration of construction consultants during unwarranted project time overrun in Nigeria
Solomon Michael Ojo, Abiodun Kazeem Sodiya
Keywords: Construction, consultants, time overrun, remuneration
Abstract
This study postulates frameworks for remuneration of consultants in the event of construction project unwarranted time overrun. Compensation clauses in Nigeria, standard bidding documents (SBD) for procurement of works 2011 version for clients, contractors, and consultants were examined and compensation frameworks for consultants were postulated in case of unwarranted time overrun. The target population constituted Architect, Quantity Surveyors, Structural Engineers, and Mechanical cum Electrical Engineers. Primary data were obtained through a structured questionnaire by random sampling technique. Secondary data were obtained from conditions of contract and extant literature. Primary data were analyzed using frequency distributions aided by Microsoft excel 2016 version and results presented in tables. The study is limited to building projects funded with Tertiary Education Trust Fund (Tetfund) in Nigeria. Liquidated and ascertained damage (LAD) and interest on delayed payment calculated after the statutory 28 days duration for payment are all covers for the contracting parties. However, there is no provision in the standard bidding documents for compensating consultants in the event of unwarranted time overrun. The study thereby postulates measures for compensating consultants during unwarranted time-overrun. These include payments to consultants by the defaulter through 10% of the cost of works yet to be executed at the expiration of the contract period Man-Month approach and agreement between the consultants and the culprit.
License
This article is licensed under CC BY-NC 4.0.
How to Cite
Solomon Michael Ojo, Abiodun Kazeem Sodiya (2021). Frameworks for remuneration of construction consultants during unwarranted project time overrun in Nigeria. In Proceedings of CONSTRUCTION BUSINESS & PROJECT MANAGEMENT CONFERENCE Vol. 2021 (pp. 242–249). https://doi.org/10.36108/cbpm/2021.0162