Valuing change, 1st edition, RICS guidance note (May 2010)
Published May 2010
This guidance note summarises what is meant by 'change' and how it is valued under JCT, NEC and FIDIC forms of contract.
This is part of RICS' Black Book, which is a collection of technical practice documents that covers all processes throughout the construction project life cycle. The documents are essential development tools for junior professionals working through their APC and useful guides to best practice for more experienced professionals.
A project is currently underway to review and update the Black Book content with the aim of producing a comprehensive new edition. Expected to publish in 2025, the new Black Book will comprise an overarching global professional standard, accompanied by practical guidance material.
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