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What is Understanding Variation Valuation in Contracts about?

This document discusses the definition of a variation in construction contracts and how variations are valued. It begins by defining a variation as a change, modification, or amendment to the original contract scope or works. Standard forms of contracts like PAM, IEM, and CIDB define variations differently but generally capture changes in design, quality, quantity of works, or statutory requirements. The document then examines how several standard contract forms in Malaysia define variations, including re

Author

Anonymous eAfIJ5Wu3I

Language

EN