In writing specifications for construction contracts, care must be taken to ensure consistency of requirements throughout and conformity with what is written in other documents. This consistency can be promoted if one person drafts all the documents or, if parts are written by others, one person carefully reads through the whole finished set of documents.(…)
Construction Contracts
Construction contract is an agreement between the client and the contractor for executing the work as per plan and specifications. Construction contract include contract document, plans, drawings, and cost of construction project.
PREPARING CONTRACT (TENDER) DOCUMENTS
The contract documents A contract is an agreement between two parties which they intend to be legally binding with respect to the obligations of each party to the other and their liabilities. The contract thus binds the contractor to construct the works as defined, and the employer to pay for them in the manner and(…)
DESIGN & BUILD CONTRACTS
Design and build contract is contract where contractor is responsible for design as well as construction of the project. Client is only interested in the output of the project, and full responsibility of delivering such type of contracts lies with the contractor. these type of contracts are useful to a promoter who wishes to delegate(…)
COST PLUS CONTRACTS
COST PLUS CONTRACT Cost + (cost plus) is a Contract agreement where the Owner agrees to pay the cost of all labor and materials plus an amount for Contractor overhead and profit (usually as a percentage of the labor and material cost). It is like a Labour Contract, but here the Contractor buys the materials(…)
BIDDING PROCESS
Following completion of the construction plans and specifications, the regulatory approval process begins. Since the regulatory agencies are so numerous and varied in their areas of authority, It is very difficult to describe them all even naming them all would be an difficult job specially in country like India were they easily the number may(…)
SOME NOTABLE EXCERPTS IN CONTRACT MANAGEMENT
Some excerpts of the decisions given by the Indian courts on arbitration: 1. In case of errors apparent on the face of the award it can only be set aside if in the award there is any wrong proposition of law which is apparent on the face of the award , namely , in the(…)
CONCRETE CONSTRUCTION STAGES
During the concrete construction stage, actual work is executed as per the plans and specifications prepared earlier. The construction methodology is carried out in a planned manner preventing wastage of manpower, materials and money and ensuring completion of the project within the stipulated time, cost and quality. The various activities of this stage can be(…)
CONTRACT DOCUMENTS
The National Building Code (2006) defines contract documents as including the following:
i. Contract drawings and specifications prepared by registered architects and registered engineers;
ii. Priced bill of quantities prepared by a registered quantity surveyor;