VMC host the first ever Seminar of the Construction Management Forum in Egypt

01 April 2019

In collaboration with Dr Waleed El-Nemr, BSc MSc LLM PHD FCIArb, President of AACE International (Egypt Chapter) VMC hosted the first event of its kind in Egypt: a seminar that gathers key contract, cost and commercial practitioners in the industry under one roof, to discuss pertinent issues in the field.

The seminar titled Cost & Contract Challenges in the Egyptian Construction Industry aimed to address key issues such as:

  • Missing BOQ items in re-measurable contracts,

  • Validity of BOQ rates after expiry of the original contract duration, and

  • Preliminaries after contract duration - extend or continue to pay?

As places were limited, ​key practitioners were selected from influencing organisations including developers and consultants, and all expressed their satsifaction and gratitude to VMC for hosting such an event.

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From Left to Right: Mr Alaa Arafa (Palm Hills), Dr Waleed El-Nemr (AACE International Egypt Section), Mr Sherif Sweillam (Gleeds Egypt), Mr Mohamed Gharib (Hassan Allam Properties), Mr Mahmoud El-Saadany (Turner International), Ms Marwa Salah (Turner International), Mr Mohamed Ibrahim (VMC), Dr Salwa Fawzy (Mountain View), Mr Marwan Hassan (VMC), Ms Yara Shalaby (VMC), Ms Farrah El-Tawil (Mountain View), Ayman El-Ghazzawi (VMC), Mr Amr Abdel Moneim (Palm Hills), Mr Ahmed Ashraf (AAA), Mr Khaled Adly (Al-Futtaim), Mr Amr Seddik (PCS) and Alaa Khater (DueServe)

The seminar tackled the key issues form a contractual and cost/commercial perspective, with Dr Waleed El-Nemr addressing the former using FIDIC form of contract as a reference, while the latter was assessed by Ayman El-Ghazzawi using UK best practice as a reference, exploring RICS Guidance, the JCT form of contract and the NEC form of contract.

 

The session was split into two portions, with the first being a presentation by El-Nemr and El-Ghazzawi, and the second part of the event geared around a group discussion with attendees. The Q&A and discussion was planned for one hour, but extended to three hours thanks to the deep interest and exciting participation by the attendees.

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All attendees agreed the event was successful and looked forward to more. VMC hope the Construction Management Forum can develop into an industry-wide initiative and gain momentum across industry peers to become a driving force for change and innovation in the cost management and contracts management disciplines.