Scholarly Papers
Nov 9, 2022

Issues Encountered in the Valuation of Interim Payment Process in Construction Projects

Publication: Journal of Legal Affairs and Dispute Resolution in Engineering and Construction
Volume 15, Issue 1

Abstract

Valuation of interim payment by a quantity surveyor may be a cause of dispute for the parties involved in construction projects. Quantity surveyors as professionals must act and perform their duties in accordance with the statutes, avoid disputes, and meet the expectations of clients in evaluating interim payments. Valuation of interim payment must be made in an acceptable, reasonable, and judicious recommendation. This research seeks to enhance and enrich the process for a better and reliable payment to avoid disputes. The data were gathered through semistructured face-to-face in-depth interviews involving four types of respondents, namely, employers from the public and private sectors, contractors, and consultants. The content analysis approach was used to identify the current issues encountered by the parties involved in relation to interim payment. This research identified 10 common issues, which among others include accuracy, impartiality, justification, and guidelines that need careful consideration by a quantity surveyor in a valuation of interim payment process in order to avoid disputes.

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Data Availability Statement

All data, models, and code generated or used during the study appear in the published article.

References

List of Statutes

Construction Industry Payment and Adjudication Act (2012), Law of Malaysia Act 746, Percetakan Nasional Berhad.
Quantity Surveyors Act (1967), Laws of Malaysia Act 487; Percetakan Nasional Berhad.

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Go to Journal of Legal Affairs and Dispute Resolution in Engineering and Construction
Journal of Legal Affairs and Dispute Resolution in Engineering and Construction
Volume 15Issue 1February 2023

History

Received: Mar 25, 2022
Accepted: Aug 28, 2022
Published online: Nov 9, 2022
Published in print: Feb 1, 2023
Discussion open until: Apr 9, 2023

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Associate Professor, Dept. of Quantity Surveying, Faculty of Built Environment, Universiti Teknologi Malaysia, Skudai, Johor 81310, Malaysia (corresponding author). ORCID: https://orcid.org/0000-0002-3554-8215. Email: [email protected]; [email protected]
Roselan Nayan [email protected]
Research Graduate, Dept. of Quantity Surveying, Faculty of Built Environment, Universiti Teknologi Malaysia, Skudai, Johor 81310, Malaysia. Email: [email protected]
Farah Azwanee Aminuddin [email protected]
Senior Lecturer, Dept. of Quantity Surveying, Faculty of Built Environment, Universiti Teknologi Malaysia, Skudai, Johor 81310, Malaysia. Email: [email protected]
Siti Suhana Judi [email protected]
Senior Lecturer, Dept. of Quantity Surveying, Faculty of Architecture, Planning and Surveying, Universiti Teknologi MARA, Shah Alam, Selangor 40450, Malaysia. Email: [email protected]

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