Assignment should be 3 to 4 pages of just content. does not include reference and title page. Doubled Space, standard 12 point font.
Case Study Assignment: Surfside Shores Condominium Renovation Project
Introduction
This case study assignment focuses on the Surfside Shores Condominium Renovation Project in Florida, a significant event in the history of construction contracts. This project provides a unique perspective on the evolution of construction contracts, from the early stages to the completion of the project.
Real-World Connection
Consider the real-world implications of this case study. How do the industry standards we see today in construction reflect the outcomes of this renovation project? How have these standards influenced the design and operation of modern construction projects? Florida has a rich history in construction. As you conduct your research, consider how this renovation project might have influenced construction development in Florida. How has the state’s construction industry evolved over time? What role has Florida played in the advancement of construction projects?
Industry Standards
The construction industry is regulated by various agencies and follows certain standards to ensure safety and efficiency. As you evaluate the advancement of construction technology, consider the role of these regulations and standards. How have they influenced the design and operation of construction projects? How do they ensure the safety and efficiency of construction in the U.S.?
Library Assignment Objectives
By the end of this assignment, you should be able to:
1. Understand the historical context of the Surfside Shores Condominium Renovation Project.
2. Analyze the impact of this project on the development and expansion of construction contracts.
3. Evaluate the role of this event in the timeline of construction project development and operation.
4. Assess the influence of this project on the advancement of construction technology and its implications for construction projects in the 21st century and beyond.
Chapter Connections and Library Assignment Tasks
Week 1: Contracts, Types & Forms, Scope of Work, Terms of Payment & Cash Flow, The Schedule
The renovation project involved several types of contracts, including lump sum contracts for the main construction work, and unit price contracts for certain materials. The contracts contained standard clauses such as scope of work, payment terms, and dispute resolution mechanisms, as well as specific clauses related to the unique aspects of a renovation project. The project schedule was a critical component of the contracts, outlining the timeline for the completion of various tasks.
Week 2: Assurances of Performance, Insurance, Indemnity, Changes
Given the size and complexity of the project, assurances of performance such as performance bonds were crucial. These ensured that the work would be completed even if the contractor defaulted. Insurance policies covered various risks, including worker injuries and property damage. The contracts also included indemnity clauses, protecting the owner from certain liabilities. Changes to the scope of work were managed through change orders, which modified the original contract.
Week 3: Disputes & Their Resolution, Damages, Warranties, Termination & Suspension, Force Majeure
Despite the best efforts in contract drafting and negotiation, disputes arose during the project over issues such as the scope of work and the quality of the workmanship. These disputes were resolved through the contract’s dispute resolution procedures, which included negotiation, mediation, and as a last resort, arbitration. Damages for breach of contract could include the cost to correct defective work, and liquidated damages for delays. Warranties provided a remedy if the work or materials were defective. The contracts also included provisions for termination or suspension of the work, and force majeure clauses covering unforeseen events beyond the control of the parties.
Week 4: Other Contract Clauses, A Construction Contractor’s Contract Checklist, International Contracting, Doing Business in Southeast Asia, Negotiating Contracts
The contracts for the project included various other clauses addressing issues such as site conditions, permits, and compliance with laws. The contractor would have used a checklist to ensure all important aspects were covered in the contract. While this project was domestic, the principles learned could be applied to international contracting as well. The negotiation of the contracts required a careful balance of protecting the owner’s interests, while also being fair to the contractor.
1. Research: Conduct detailed research on the Surfside Shores Condominium Renovation Project. Identify the key issues, the positions of the parties involved, and the outcome of the project.
2. Analysis: Analyze the impact of this project on the construction industry. How did it influence the development and expansion of construction contracts? What were its implications for construction projects?
3. Timeline: Create a timeline of construction project development and operation, highlighting the contribution of this project in the evolution of construction contracts.
4. Evaluation: Evaluate the advancement of construction technology in the context of this renovation project. How has this event influenced the world in relying and depending on construction projects in the 21st century?
5. Report: Compile your findings and analyses into a comprehensive report. Your report should include an introduction, a detailed account of your research, your analyses, and a conclusion summarizing your findings.