Materials on site - Revision history

83.185.94.219: Undo revision 172661 by Designing Buildings (talk)

2022-08-12T09:33:28Z

Undo revision 172661 by Designing Buildings (talk)

← Older revision		Revision as of 09:33, 12 August 2022
Line 51:		Line 51:
	* Vesting certificate.		* Vesting certificate.

−	~~[[Category:DCN_Definition]] [[Category:DCN_Guidance]] [[Category:DCN_Product_Knowledge]]~~ [[Category:Construction_management]] [[Category:Contracts_/_payment]]	+	[[Category:Construction_management]] [[Category:Contracts_/_payment]]

Designing Buildings at 08:35, 4 September 2020

2020-09-04T08:35:27Z

← Older revision		Revision as of 08:35, 4 September 2020
Line 51:		Line 51:
	* Vesting certificate.		* Vesting certificate.

−	[[Category:Construction_management]] [[Category:Contracts_/_payment]]	+	[[Category:DCN_Definition]] [[Category:DCN_Guidance]] [[Category:DCN_Product_Knowledge]] [[Category:Construction_management]] [[Category:Contracts_/_payment]]

Editor at 12:20, 14 August 2019

2019-08-14T12:20:54Z

← Older revision		Revision as of 12:20, 14 August 2019
Line 35:		Line 35:
	* Construction inventory management.		* Construction inventory management.
	* Contractor.		* Contractor.
		+	* Don’t run short of materials on your construction project
	* Durability.		* Durability.
	* Interim valuation.		* Interim valuation.

Designing Buildings: Reverted edits by 157.33.63.50 (talk) to last revision by Editor

2019-08-09T05:33:34Z

Reverted edits by 157.33.63.50 (talk) to last revision by Editor

← Older revision		Revision as of 05:33, 9 August 2019
Line 1:		Line 1:
−	= [[File:Materialstorage.jpg\|link=File:Materialstorage.jpg]] =	+	[[File:Materialstorage.jpg\|link=File:Materialstorage.jpg]]

	In very broad terms, on construction projects, materials are sourced by the contractor and the client pays the contractor after they have been delivered to site.		In very broad terms, on construction projects, materials are sourced by the contractor and the client pays the contractor after they have been delivered to site.

157.33.63.50 at 16:49, 8 August 2019

2019-08-08T16:49:15Z

← Older revision		Revision as of 16:49, 8 August 2019
Line 1:		Line 1:
−	[[File:Materialstorage.jpg\|link=File:Materialstorage.jpg]]	+	= [[File:Materialstorage.jpg\|link=File:Materialstorage.jpg]] =

	In very broad terms, on construction projects, materials are sourced by the contractor and the client pays the contractor after they have been delivered to site.		In very broad terms, on construction projects, materials are sourced by the contractor and the client pays the contractor after they have been delivered to site.

Editor at 17:45, 30 July 2019

2019-07-30T17:45:18Z

← Older revision		Revision as of 17:45, 30 July 2019
Line 1:		Line 1:
−	[[File:Materialstorage.jpg]]	+	[[File:Materialstorage.jpg\|link=File:Materialstorage.jpg]]

	In very broad terms, on construction projects, materials are sourced by the contractor and the client pays the contractor after they have been delivered to site.		In very broad terms, on construction projects, materials are sourced by the contractor and the client pays the contractor after they have been delivered to site.
Line 35:		Line 35:
	* Construction inventory management.		* Construction inventory management.
	* Contractor.		* Contractor.
		+	* Durability.
	* Interim valuation.		* Interim valuation.
	* Lead times.		* Lead times.

Editor at 13:01, 29 November 2018

2018-11-29T13:01:08Z

← Older revision		Revision as of 13:01, 29 November 2018
Line 1:		Line 1:
		+	[[File:Materialstorage.jpg]]
		+
	In very broad terms, on construction projects, materials are sourced by the contractor and the client pays the contractor after they have been delivered to site.		In very broad terms, on construction projects, materials are sourced by the contractor and the client pays the contractor after they have been delivered to site.

Line 25:		Line 27:
	NB: Project bank accounts (PBAs) have emerged as a means of enabling faster payments through the construction supply chain, with payments being made direct to subcontractors and suppliers as soon as 5 days from the due date.		NB: Project bank accounts (PBAs) have emerged as a means of enabling faster payments through the construction supply chain, with payments being made direct to subcontractors and suppliers as soon as 5 days from the due date.

−	~~= Find out more =~~	+	= Related articles on Designing Buildings Wiki =
−		+
−	=== Related articles on Designing Buildings Wiki ===	+

	* Advance payment bond.		* Advance payment bond.

Editor at 13:07, 9 May 2018

2018-05-09T13:07:03Z

← Older revision		Revision as of 13:07, 9 May 2018
Line 38:		Line 38:
	* Lead times.		* Lead times.
	* Logistics management.		* Logistics management.
		+	* Material handling.
	* Materials.		* Materials.
	* Off site materials.		* Off site materials.

Editor at 12:53, 20 March 2018

2018-03-20T12:53:33Z

← Older revision		Revision as of 12:53, 20 March 2018
Line 5:		Line 5:
	If delivered materials have been ‘affixed to the land’ or ‘incorporated into the building’, then ownership of the materials will transfer to the client even if they have not been paid for. If they have not been affixed to the land, that is, they can be easily removed without damage to themselves or their surroundings, but have been paid for, ownership only transfers to the client if the contractor themselves had title and so were in a position to transfer it.		If delivered materials have been ‘affixed to the land’ or ‘incorporated into the building’, then ownership of the materials will transfer to the client even if they have not been paid for. If they have not been affixed to the land, that is, they can be easily removed without damage to themselves or their surroundings, but have been paid for, ownership only transfers to the client if the contractor themselves had title and so were in a position to transfer it.

−	This situation is complicated by the fact that the client generally only pays the main contractor at pre-agreed intervals, not every time something is delivered to site, and the complexity of the contractual chain means that the client may pay the main contractor, who pays a sub-contractors, who pays a supplier and so on.	+	This situation is complicated by the fact that the client generally only pays the main contractor at pre-agreed intervals, not every time something is delivered to site, and the complexity of the contractual chain means that the client may pay the main contractor, who pays a sub-contractors, who pays a supplier, and so on.

	This can put the actual supplier at risk, for example, if the contractor, or any intermediate part of the supply chain defaults or becomes insolvent before payment is received. Depending on the terms of the contract, if the contractor has delivered the materials and the client has received them in good faith then ownership may be consider to have transferred to the client even if the supplier has not been paid.		This can put the actual supplier at risk, for example, if the contractor, or any intermediate part of the supply chain defaults or becomes insolvent before payment is received. Depending on the terms of the contract, if the contractor has delivered the materials and the client has received them in good faith then ownership may be consider to have transferred to the client even if the supplier has not been paid.
Line 17:		Line 17:
	However, if the client subsequently installs materials to which they do not have title they may be guilty of 'wrongful interference', even if they are acting in good faith.		However, if the client subsequently installs materials to which they do not have title they may be guilty of 'wrongful interference', even if they are acting in good faith.

−	Before certifying payment for materials therefore, it is very important to be clear where the title lies. Consideration should also be given to whether materials are actually required at the time they are delivered. There may be circumstances in which it is useful to receive delivery in advance of the actual requirement (for example so that goods can be secured if supply is short, or so that shipments can be combined to reduce costs), but this should not be used simply as a mechanism to improve the contractor’s or supplier’s cash flow.	+	Before certifying payment for materials therefore, it is very important to be clear where the title lies. Consideration should also be given to whether materials are actually required at the time they are delivered. There may be circumstances in which it is useful to receive delivery in advance of the actual requirement (for example, so that goods can be secured if supply is short, or so that shipments can be combined to reduce costs), but this should not be used simply as a mechanism to improve the contractor’s or supplier’s cash flow.

	It can sometimes be appropriate for the client to pay for items even though they remain ‘off-site’, for example, where a contractor has made a large payment for plant or materials that have yet to be delivered to site, or if the client wishes to ‘reserve’ key items in order to protect the programme		It can sometimes be appropriate for the client to pay for items even though they remain ‘off-site’, for example, where a contractor has made a large payment for plant or materials that have yet to be delivered to site, or if the client wishes to ‘reserve’ key items in order to protect the programme

−	Paying for off-site goods or materials can put the client at risk, for example if the contractor becomes insolvent and the items are then not delivered, even though payment has been made. There are a number of mechanisms for dealing with this risk, but none of them are completely fool proof. See Off site materials for more information.	+	Paying for off-site goods or materials can put the client at risk, for example, if the contractor becomes insolvent and the items are then not delivered, even though payment has been made. There are a number of mechanisms for dealing with this risk, but none of them are completely fool proof. See Off site materials for more information.

−	NB Project bank accounts (PBAs) have emerged as a means of enabling faster payments through the construction supply chain, with payments being made direct to subcontractors and suppliers as soon as 5 days from the due date.	+	NB: Project bank accounts (PBAs) have emerged as a means of enabling faster payments through the construction supply chain, with payments being made direct to subcontractors and suppliers as soon as 5 days from the due date.

	= Find out more =		= Find out more =
Line 33:		Line 33:
	* Bonds and guarantees.		* Bonds and guarantees.
	* Construction contract.		* Construction contract.
		+	* Construction inventory management.
	* Contractor.		* Contractor.
	* Interim valuation.		* Interim valuation.

Editor at 15:35, 10 March 2017

2017-03-10T15:35:37Z

← Older revision		Revision as of 15:35, 10 March 2017
Line 42:		Line 42:
	* Site office.		* Site office.
	* Site storage.		* Site storage.
		+	* Suction lifter.
	* Retention of title.		* Retention of title.
	* Testing construction materials.		* Testing construction materials.