Analyzing contract terms: General requirements

All construction contracts have general conditions provisions. These are project terms that govern how project management costs, mobilization, site clean-up, information technology, and other project support costs are budgeted and billed. Analyzing these contract terms enables the construction contract auditor to build the project audit program and contribute to on time, under budget project delivery. This case study presentation illustrates:

  • Typical general conditions terms
  • Contract red flags
  • Risk mitigating recommendations

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