【正文】
Standard Forms or the Hong Kong Institute of Architects Form of Building Contract. Some major developers from Hong Kong or overseas have even drawn up their individual bespoke types of contract but their use is being limited since such forms are nonstandard and are not well known to the local industry. Also, there were cases that these custom made contracts forms are drafted up with a different approach of risk allocations from the China’s ‘Preferred’ practice and some of the terms were hence considered unfair terms not supported by the Government. Qualification Control Qualification control in China is a system under which a professional organization or a professional has to achieve a professional qualification or being registered in a recognized professional qualification system before it can carry out its professional services allowable under the Law. 。imgname=433_Cost+Engineering+in+Chinese+Construction+ ) Cost Control in the Chinese Construction Sector Abstract China has been moving away from a planned economy system towards a market cost engineering system in China has also been evolving to suit this socialist economy system. The paper examined the recent development of some elements of cost engineering relating to the construction sectors as follows and provided some ments thereon : ? The cost control process 5 key stages of cost assessment ? Tendering and Bidding System ? Bills of Quantities and Allinrates ? Contract Forms ? Qualifications Control The Cost Control process – 5 key stages of cost assessment Due to the heavy capital investment, long construction period and plex nature of construction projects, the cost control process normally involves 5 key stages of cost estimating and assessment over the lifespan of a project, each using different calculation and estimating methods. Stage This is an important document for making decisions as to the feasibility of the project. It sets down the budget limit for a project which normally should not be exceeded. Due to the limited information available at this feasibility stage the estimate would just be a rough indication of costs based on historical data. Design Stage This estimate is an update of the Feasibility Estimate upon receipt of subsequent design development information. This document is essential in supporting the submission of the Preliminary design to the Government Planning Department for approval. If the Preliminary Estimate exceeds the budget set in the feasibility estimate either additional funding is to be sought or a revision to the design is required to bring down the estimate to within the budget. Design Stage This estimate is prepared on the basis of an itemized buildup according to the recognized rules and method of measurement, after pletion of the detailed construction drawings. Under a tender situation if this estimate is pleted by the Developer then it can be used as the Pretender Estimate which must be submitted to the Tender Bureau for