Astad launched two new additions to its integrated suite of contracts, Sanad, during the recently held Cityscape Qatar 2018.
The two new contracts include a book titled Construction Contract for Small and Medium Projects, which is for projects that have a duration of one to three years and are valued at an average of QR3mn to less than QR50mn.
These include new buildings, fit-outs, alterations and building repairs.
This may be adopted by small-to-medium clients who may appoint contractors for numerous contracts during a year, Astad has said in a statement.
The second new addition is titled Building Services Contract, which provides for services post-handover of the building project, including maintenance or facility management to be carried out at various locations over a specific period of up to 10 years (extendable by agreement between the parties).
HE the Prime Minister and Minister of Interior Sheikh Abdullah bin Nasser bin Khalifa al-Thani graced the launch.
Astad CEO Ali al-Khalifa said: “I would like to sincerely thank HE the Prime Minister and Minister of Interior Sheikh Abdullah bin Nasser bin Khalifa al-Thani for supporting and launching Sanad. We are very proud to have launched these two new additions of Sanad as part of our participation in Cityscape as strategic project management partner.
“Sanad has won numerous CSR awards and is in line with Astad’s corporate social responsibility to support the wider construction industry, refining contractual procedures while simultaneously utilised as an educational reference, further supporting our nation’s vision to promote a knowledge-based economy.”
Astad had launched the Sanad books at Moushtarayat in 2017.
Sanad is now a suite of six contract templates and standardised forms that have been developed to support the wider construction industry through seamless processes and fair and equitable allocation risk.
The six books cover construction, design and build, design services, professional services, short contracts and term service contracts.
They also include general conditions and supporting appendices that have been developed to guide and support contractual procedures, the statement notes.
Abdulaziz al-Mulla, chief commercial officer and general manager of Astad International, thanked the Prime Minister for supporting the launch and said: “These two new additions ensure that we are able to support all project needs from inception to completion and ongoing management.”
Astad also participated in Moushtarayat to support local small- to medium-sized enterprises.
HE the Prime Minister and Minister of Interior Sheikh Abdullah bin Nasser bin Khalifa al-Thani and other dignitaries at the launch event.
Sanad