Tag Archive for Tag: risks

Tag: risks Contractual risks arising during construction

Among the most common risks encountered during the construction of a project by a civil engineering contractor under a standard type of construction contract, are the following: 1. Design errors, quantification errors. 2. Design changes found necessary, or required by the employer. 3. Unforeseen physical conditions or artificial obstructions. 4. Unforeseen price rises in labour, materials or plant. 5. Theft

View Article...