Issues During Construction Phase CONTENTS Project Rework Reduction 48 3.

1 Acceptance
Period/Withdrawal 49 3.2 Award of Contract/Notice to Proceed 49 3.3 Contract Agreement 50 3.4 Time
Extensions 50 3.5 Change Orders 52 3.6 Changed Conditions 52 3.7 Value Engineering 53 3.8 Suspension,
Delay, or Interruption 56 3.9 Liquidated Damages 56 3.10 Progress Payments and Retainage 57 3.11
Progress Reporting 58 3.12 Acceptance and Final Payment 58 3.13 Summary 59 Review Questions and
Exercises 60 Project Rework Reduction Rework, and particularly field rework, continues to be one of the
major sources of unplanned cost growth on industrial construction projects. Rework occurs when the
installed work does not comply with or meet required specifications. According to Construction Industry
Institute research, if field rew

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