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CONSTRUCTION CONTRACT ADMINISTRATION
Deficiencies
Where there are deficiencies, the consultant should provide the contractor with a complete and concise list to enable completion by a mutually accepted date. Funds held back for deficiencies should be based on the value of the outstanding work and should not exceed two times said value.
Markups To Changes Of The Work
BCCA endorses the standard markups for Overhead and Profit for changes to the work as defined in CCA16 Guidelines For Determining The Costs Associated With Performing Changes In The Work; 20% on the GC's own work and 15% on the trade contractors work.
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