AKN are experienced in several contracting methods commonly used in construction
projects. AKN has in house Legal capability and experience to deal with JCT and NEC forms
of contracting.
Traditional (or Lump Sum) Contracting: This is the most common contracting method also
known as the ‘traditional’ or ‘lump sum’ method. Under this method, the AKN agrees to
construct the project for a fixed price based on the design drawings and specifications
provided by the client.
AKN is responsible for obtaining all necessary permits and approvals,
hiring subcontractors, and completing the project within the agreed-upon timeframe.
Design and Build Contracting: In this method, the client contracts with AKN as a single
entity, typically as a design and build contractor, to both design and construct the project.
This method is often used when the client has limited expertise in construction or when the
project is complex and requires an integrated approach to design and construction. This
may involve the novation of contracts from professional services organisations and the
execution of collateral warranties.
Management Contracting: This method involves the client appointing AKN as management
contractor to manage the construction process. AKN acts as an advisor to the client,
overseeing the work of multiple contractors and subcontractors to ensure the project is
completed on time and within budget. AKN charges a fee for these services only.