Variation to Contract (VTC)

Generally all construction or infrastructure projects differ from the original design, scope and definition. Whether small or large, projects usually have unavoidably depart from the original tender BOQ prepared by the Quantity Surveyor or design team. This can be because of technological advancement, statutory changes or enforcement, change in conditions, geological anomalies, non-availability of specified materials, or simply because of the continued development of the design after the contract has been awarded.

Variation to Contract (VTC) can be easily managed in eresource NFRA ERP through this form. Costing can be computed against each variation to contract (VTC).

Budgeting which is yet another integral part of the Project business, is ammended when there is variation to contract (VTC).