Flashcards

Contract Practice

Demetris Kalifom Core Competencies Level 1 Inglês 4,0Avaliação média 4,0 de 5 (1 avaliação) 6 flashcards

Flashcards do conjunto (6)

1Basic contract law and legislationLEDCA 09
Unfair Contracts Act
Rights of Third Parties Act
Construction Design Management (CDM)
2Contract documentationForm of Tender
Pricing Document/ Schedule of Rates/ Schedule of Works
Employers Requirements/ Contractors Proposals
Preliminaries
Specification
Drawings
Conditions of contract and any amendments to standard forms
3Various Standard forms of contract and subcontractsSBC with BoQ
SBC without Quants
SBC with Approximate Quants
Design and Build
Major Projects
Intermediate contract with/without CDP
Minor works contract with/without CDP
4When are the different forms of contracts usedDepends on the procurement route
5Basic contractual mechanisms and procedures at various stagesRetention
Payment terms
Rectification Period
Practical Completion
Sectional Completion
Partial Possession
6Third party rights and Collateral WarrantiesBreak privity of contract and allow third parties to a contract to exercise rights
Difference - Third parties name individuals whereas collateral warranties refer to unknown benefitiaries