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POLICIES AND PROCEDURES Capital Works Contract Management Policy Last Modified: Review Date: Business Owner: Approval Authority:1.27/05/2020 30/06/2023 Chief Operating Officer ViceChancellorPURPOSEThis

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How to fill out capital works contract management

01

Review the capital works contract management requirements

02

Understand the scope of work and budget allocated for the project

03

Gather all necessary documentation such as project plans, specifications, and contract terms

04

Assign responsibilities and roles to team members involved in the contract management

05

Monitor progress of the project and make any necessary adjustments to stay within budget and timeline

06

Keep thorough records of all communications, changes, and payments related to the project

07

Close out the contract by completing all final inspections and obtaining necessary approvals

Who needs capital works contract management?

01

Construction companies

02

Project managers

03

Government agencies

04

Real estate developers

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What is capital works contract management?

Capital works contract management involves the planning, execution, and oversight of contracts related to capital projects, ensuring that resources are allocated efficiently and that projects comply with legal, financial, and regulatory requirements.

Who is required to file capital works contract management?

Entities engaged in capital projects, such as construction firms, government agencies, and contractors, are typically required to file capital works contract management documentation.

How to fill out capital works contract management?

Filling out capital works contract management requires gathering relevant project information, completing the designated forms with accurate data about the project timeline, budget, contract details, and submission of any necessary supporting documents.

What is the purpose of capital works contract management?

The purpose of capital works contract management is to ensure effective oversight of capital projects, facilitate compliance with regulations, manage risks, and enhance the accountability of financial expenditures.

What information must be reported on capital works contract management?

Key information typically reported includes project costs, timelines, contract terms, progress updates, and any changes to the project scope or budget.

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