Actual construction time

Definition

This KPI is the actual construction time for the contract that formed the basis of the contractor’s bid (excluding any extra works). The construction time or the construction phase is consequently defined as the period that elapses between the contractor or joint venture starting up the work and until actual handing over. From this should be deducted project alterations, expressed in calendar days. The following three factors are used for calculating the KPI: the date of start-up of the cons

Formula

Tags

contract, construction

Metadata

Category: Construction · Added: May 17, 2026