
The Asset Data an Owner Must Hold to Run a Building
Not the handover file, but the live data set: what is installed, how old it is, who services it and what it will cost next. Here is how owners lose it.
Read More238 Construction & Development articles with practical guidance for projects and investments in Saudi Arabia.

Not the handover file, but the live data set: what is installed, how old it is, who services it and what it will cost next. Here is how owners lose it.
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The same villa on two different structural grids. A calculation showing why the decision belongs at concept stage.
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Every rate in a tender contains material, labour, plant, overhead, profit and risk. Understanding the build-up is how an owner reads a bid properly.
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Five illustrative incidents on one project, traced through works insurance, liability cover, professional indemnity and the owner uninsured exposure.
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A contractor who is late will offer to recover the time. Recovery is never free, and knowing where the cost lands tells you whether to accept it.
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Bonds, guarantees and advances all shift risk between owner and contractor, and each of them has a price that ends up inside your construction cost.
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Remote oversight is not free, and it is much cheaper than the alternative. The cost lines of running proper control on a project you cannot attend.
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Every risk you push onto the contractor comes back as a number in the price. This is what the common transfers cost, what moves them and when carrying the risk yourself is cheaper.
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Replacing a contractor mid project feels decisive and costs more than owners expect. A worked example of the two routes with the numbers side by side.
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A provisional sum is an allowance for work that is not yet defined. Treated as a budget line it works. Treated as a fixed price it quietly breaks both cost and programme.
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A pour returns one low cube. Is the concrete rejected, investigated or accepted? This worked example shows how the arithmetic and the procedure actually run.
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A delay claim is about the completion date. A disruption claim is about lost productivity, and it can succeed on a project that finished on time. The proof is not the same.
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