1.9. Submit the Final Report : In fact,
Municipality, Trakhees, JAFZA, urban
tor to clear main contractor liability.
the final report focus on the end-
planning council, Electricity & Water
LESSONS LEARNED
results, it should include an assess-
authority and other related) consider
To obtain benefit and experiment
ment of the project as a whole, overall
as admitting from governmental
result from implementation of the
achievements, not just of the mile-
authority that the project executed,
project, create a reference to support
stones
also it
comprise
but not
met the requirements, ready for oper-
the project team decide wisely and
limited the following contains: project
ation.
clear vision about the options, implica-
background, objectives, work pack-
Original certificate will remain with the
tions and various aspects of the build-
ages implemented, organization,
contractor until the financial obligation
ing to achieve maximum criteria
in
performance, deliverables related to
are paid, each party obtain his rights.
efficiency, performance, successful
sustainability (out comes will be main-
Delivering completion certificate from
Integration, sustainability and mini-
tained and developed further after
contractor to client is admitting that
mum losses in time, effort, and
project implementation)
each party fulfilled his obligation
finance.
1.10.
Assessment
b y
t he
towards other party.
!
Find methods and mechanisms
Consultant and Forwarding the
more effective, efficient, speed,
Reports to the Client: Consultant or
2- FINANCIAL ISSUES: Specific
control, safe and secure
client representative to assess the
procedures are carried out to termi-
!
Set close out plans, flow chart,
final report, inform the client that the
nate the project's finances and review
time framing, strategies for future
project reach its deliverables, ready to
project performance. These proce-
projects
transfer from contractor custody to the
dures are necessary in order to settle
!
Develop the way of thinking and
client management. Assessment
any outstanding contract obligations,
approach method to finalizing the
includes satisfaction and reservation if
and to ensure that funds were
project with maximum successful
any.
expended properly.
results and minimum losses in
As prelim task client may check that all
Most financial items described in the
time, finance and sustainability
questions and problems identified by
contract such as payment terms,
!
Develop the close out procedure
the first level control are resolved
retention, delay damages, deduction,
contractually, administratively,
11.1. Client Pays Out the Last
maintenance...Etc and remains such
financially, technically and future
Payment Claim: Accepting final
as variation, changes, losses ,dis-
plans
report means that the customer (cli-
counts , damages ,contingencies,
!
Improve team work productivity,
ent) convinced that it is safe to pay out
performance bonds and others to be
enhance performance, and
the last part of the granted funding and
settled or compensated.
develop organization structure
there is no problems will occur after-
Accepting final report means that the
!
Identify the action to be done and
wards.
customer (client) convinced that it is
avoid action to be left
As the client accept the final report,
safe to pay out the last part of the
!
Correct design, implementation
client to release the final payment in
granted funding and there is no prob-
methods
order to enable contractor to fulfill the
lems will occur afterwards.
!
Assessment of budget, cost,
financial commitments.
It is worth mentioning that the financial
schedule, quality, configuration,
This procedure of outstanding
relation between main contractor and
expectation, and manage all of
payment associated with final comple-
Client subjected to contract condi-
them
tion and handing over after mainte-
tions, period of defects liability; usually
!
Obtain analytically elaborate of
nance and defects liability period, not
don't exceed one year , sometimes
market, demands, supply ...
related to the initial handing over or as
client require more period for electro
!
Close out report can be useful to
stipulated in the contract.
mechanical works maintenance liabil-
update life cycle cost report with
1.12. Completion Certificate: The
ity (3-5) years, therefore it is recom-
final construction costs and post
completion certificate issued by
mended to perform separated
implementation reports
concern
authority
(such
as
contract with supplier and subcontrac-
34
Issue 72 March 2014
2014
72

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