Builders Asso to revise ‘old’ contract system

The Builders Association of India (BAI) is in the process of revising age-old contract documents for engineers and builders,due to which major Government projects were getting delayed,putting the builders to lot of hardship.

Written by Agencies | Coimbatore | Published: April 6, 2012 5:44:45 pm

The Builders Association of India (BAI) is in the process of revising age-old contract documents for engineers and builders,due to which major Government projects were getting delayed,putting the builders to lot of hardship.

The builders at present were following the British contract methods,which have no cost escalation clause or road acquisition protection and due to the lack of which the projects were suffering,K Vishwanathan,All India Vice President (SOUTH),BAI,told reporters here today.

For the revised version of contract documents,BAI would follow the contracts of FIDIC (International Federatioin of Consulting Engineers) of Geneva,which has protection for the builders,he said.

Vishwanathan,who was recently elected the president of Southern Chapter of BAI,comprising Tamil Nadu,Kerala,Karnataka and Andhra Pradesh,said that the local associations were also proposing to start consortiums to purchase,stock and supply raw materials like cement and steel,the prices of which were getting increased day by day.

This consortium would help small and medium builders,as the material costs would be lesser by 10 per cent,he said.

It was also proposed to start training centres for skilled labourers,like mason and plumber initially in Pune and Coimbatore,which would help upgrade the efficiency and also reduce unnecessary wastage,Vishwanathan said.

At present the association was mainly concentrating on the environmental services,which is called Green Building concept,Vishwanathan said.

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