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Construction Contract Variations

CHAPTER TEN VALUATION PROCESS VALUATION PROCESS SECTION A: INTRODUCTION 295 SECTION B: REVIEW OF VALUATIONS AND THE OPENING UP OF CERTIFICATES 296 SECTION C: THE CONTRACT ADMINISTRATOR’S CERTIFICATION ROLE AND DUTIES 309 SECTION D: THE EMPLOYER’S DUTIES IN RELATION TO CERTIFICATION 313 SECTION E: AGREEMENT OF VALUATION AND SETTLEMENT 318 SECTION A: INTRODUCTION 10.1 This chapter considers the process by which variations are valued and the degree to which a contract administrator’s valuation can be challenged. This, in turn, requires consideration of the duties of both the contract administrator and the employer in relation to the exercise of the valuation and certification function.

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