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The project area is planned to be spread over 130,000 square metres (1,400,000 sq ft). It is expected to be completed in 2021. Initially the total cost of the project was estimated to be about ₹ 3,643 crore (US$420 million), but cost-reduction measures have resulted in a contract worth 2500 crores.
The list is usually made by the owner, architect or designer, or general contractor while they tour and visually inspect the project. [ 2 ] In the United States construction industry, contract agreements are usually written to allow the owner to withhold (retain) the final payment to the general contractor as " retainage ". [ 3 ]
For speedy completion, the NHAI divided the stretch of 61 km into two parts. Mumbai-based MEP Infrastructure Pvt Ltd bagged both the contracts worth Rs 531 crore and Rs 639 crore in 2018 on build-operate-transfer basis. [2] NHAI issued letter of acceptance to MEP Infrastructure on 31 March 2018. The entire 61-km stretch of ORR will be in concrete.
A scope statement should be written before the statement of work and it should capture, in very broad terms, the product of the project (e.g., "developing a software-based system to capture and track orders for software"). A scope statement should also include the list of users using the product, as well as the features in the resulting product.
A statement of work (SOW) is a document routinely employed in the field of project management. It is the narrative description of a project's work requirement. [1]: 426 It defines project-specific activities, deliverables and timelines for a vendor providing services to the client. The SOW typically also includes detailed requirements and ...
J Kumar Infraprojects received letter of acceptance from MMRDA for a contract worth Rs 1,998 crore. The company letter of acceptance (LoA) from Mumbai Metropolitan Region Development Authority (MMRDA) is for design and construction of elevated viaduct and nine elevated stations, including two flyovers, and twin tunnel, cut and cover, ramp and one underground station for corridor of Mumbai ...
It is recommended that the CxP be contracted early in the project planning stages included in pre-design and design charrettes, and maintained throughout the design, construction, and final acceptance of the project at a minimum. Having the CxP on the team early provides opportunity to identify possible operation, installation, testing, and ...
In contract law, there are established rules and principles for various issues concerning contract formation, such as cross offers, [5] awareness of offer, [6] notification of acceptance, [7] timing of acceptance, [8] and postal rule. [9] Power of acceptance is part of the contract formation analysis, and which concerns the validity of acceptance.