Pertubuhan Akitek Malaysia (PAM) or the Malaysian Institute of Architects announced their new PAM 2018 Standard Form of Building Contract at a preview and stakeholders engagement session at PAM Centre in Bangsar, Kuala Lumpur on 17 January 2018.
The new PAM 2018 Contract was reviewed based on PAM 2006 Contract. PAM 2018 Contract Review Committee led by Ar. Steven Thang decided to continue the format used in the previous form with plain English, which is more practical for use in the industry.
The PAM 2018 Contract also takes into consideration compliances to new laws and regulations, industry feedbacks, and experiences shared by the practitioners. The PAM 2018 Contract also incorporated a new provision for ‘Expert Determination’ as another mechanism for dispute resolution.
The building contract stipulates the agreement and conditions of contract between an employer and a contractor. Industry players such as architects, quantity surveyors and engineers are the professionals involved in administering the Contract.
For more information, please visit http://www.pam.org.my/