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Capital Works Management Framework Model Forms for Use with Public Works and Construction Services Contracts MF 1 Model Forms for use with Public Works Contracts Document Reference MF1 v.1.1 16 March
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Capital works management framework refers to a set of principles, processes, and tools used by organizations to plan, implement, and monitor capital projects and infrastructure development.
Any organization or entity involved in capital projects or infrastructure development is typically required to file a capital works management framework.
Filling out a capital works management framework involves documenting project objectives, timelines, budgets, resource allocation, risk management strategies, and evaluation methods.
The purpose of a capital works management framework is to ensure that capital projects are effectively planned, executed, and monitored, with a focus on efficient resource allocation, risk mitigation, and the achievement of project objectives.
A capital works management framework typically requires reporting on project objectives, timelines, budget allocation, resource utilization, risk management strategies, and project evaluation.
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