BBE208: Construction Law - Bachelor of Construction Management and Economics - BCME - Construction Management Assessment Answer

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Internal Code: F_AI_EJFB_CG Code: BBE208 Assignment Task: Question 1: BBE208 KwikDevelop Pty Ltd ('KD') as 'Principal' is considering development of a 10-storey apartment in Melboume and has invited TrueBuild Construction Pty Ltd (‘TBC’) to make a proposal. All plans, specifications and documentations are ready. The value of the project is said to be around $10 million. Question 2:  What issues can you see arising regarding latent conditions? What is the relevant knowledge you have brought to this response? Why and how have you used this knowledge? Question 3: BBE208 Advise KD on potential methods of keeping the project on budget using Time, variation and liquidated damages clauses in the contract. What is the relevant knowledge you have brought to this response? Why and how have you used this knowledge? Question 4: BBE208 During the first month of work on site, the work proceeds without any variations, claims or delays and, by the end of the month, is approximately 10% completed. TBC submits to the Superintendent engaged by KD a document entitled 'Payment claim under the Building and Construction Industry Security of Payment Act 2002 (Vic)' detailing the work undertaken so far and claiming payment of $2 million in respect of that work.
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