Author: Harvey, J M
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Harvey, J M
The Institution welcomes as its President for the Session 1970-71 Dr. 0. A. Kerensky,
CBE, DSc, FRS, CEng, FIStructE, FICE, who takes office on 1 October and delivers his Presidential Address at an Ordinary Meeting at 6 pm that evening at 11 Upper Belgrave Street, London SWl.
The Council has approved the formation of two new Special Study Groups as follows:
At the open meeting of the Institution held on 8 January 1970 (see p. 3 of The Structural Engineer, January 1970, Mr. A. J. Leggatt, presenting the above graph, said:
‘I have concocted a graph (Fig Dl) which is, at the least, controversial; and if it is so controversial that people laugh at it then I will escape under your clause of light-heartedness. I have plotted “claim” as a percentage of the contract sum. Profit is also expressed as a percentage and I qualify that as “tender profit”-that is the profit that the contractor hopes and aims to make at the time of tender. I think the contractors will giggle at the maximum of 25 per cent, but you can put your own values for this graph and the principles remain the same. I have also introduced a new parameter “Ti” which gives it a scientific appearance. “Ti” is the “tightness” of the contract.‘