Project outline and scope of works

Aquarius Grup were contracted to provide services of cost and procurement management from initial budget estimation through development of the project budget as design and execution matured.

Procurement of multiple work packages, negotiations with contractor leading to Client recommendations for appointment. Aquarius Grup acted as contract managers for the project negotiating contractual conditions to be mutually acceptable, negotiating addendums to contracts following Client approved changes. Operating with more than 60 contractors on site, Aquarius Grup performed the monthly cost control, adjustments to Contractors claims and creation of payment certificates to confirm amounts paid to the Contractors reflected the actual situation on site.

The aggressive project time line required that Aquarius Grup maintained up to 7 staff on site and provided additional resources to create and implement a claim defence and mitigation strategy for the Client.

Project Data

TYPE: Retail Mall

SIZE: 210 000 m2


NO. OF CONTRACTORS: Multiple contractors and Designers (aprox. 60 interfaces)

SERVICES PROVIDED: Cost Management (procurement included), budget reconciliation and forecast, commercial contract draft, negotiation, supervision and administration of contracts. Assistance with contractor dispute / claim settlements.

FORM OF CONTRACT: FIDIC Design & Build ‘95 Green and Yellow (amended)

DESIGNED BY: Contractors and Client’s architects