Ppolicy


	In construction, the authority having jurisdiction is the governmental agency or subagency which regulates the construction process. In most cases, this is the municipality in which the building is located.

Many construction projects suffer from preventable financial problems. Underbids ask for too little money to complete the project. Cash flow problems exist when the present amount of funding cannot cover the current costs for labour and materials.

They are a matter of having sufficient funds at a specific time, can arise even when the overall total is enough. Fraud is a problem in many fields, but is notoriously prevalent in the construction field.

Financial planning for the project is intended to ensure that a solid plan, with adequate safeguards and contingency plans, is in place before the project is started, and is required to ensure that the plan is properly executed over the life of the project.

Heavy/Civil construction is the process adding infrastructure to our built environment. Owners of these projects are usually government agencies, either at the national or local level. As in building construction, heavy/civil construction has design, financial, and legal considerations, however these projects are not usually undertaken for-profit, but to service the public interest. However, heavy/civil construction projects are also undertaken by large private corporations, including, among others, golf courses, harbors, power companies, railroads, and mines, who undertake the construction of access roads, dams, railroads, general site grading, and massive earthwork projects. As in building construction, the owner will assemble a team to create an overall plan to ensure that the goals of the project are met.

A construction project must fit into the legal framework governing the property. These include governmental regulations on the use of property, and obligations that are created in the process of construction.

The project must adhere to zoning and building code requirements. Constructing a project that fails to adhere to codes will not benefit the owner. Some legal requirements come from malum in se considerations, or the desire to prevent things that are indisputably bad - bridge collapses or explosions. Other legal requirements come from malum prohibitum considerations.