Assingment & Subcontracting Flashcards
1
Q
What is assingment
A
The transfer of rights only from one party to another
2
Q
What is novation
A
The transfer of rights and obligations from one party to another
3
Q
2 types of subcontractor under NEC4
A
Domestic (contractor selected)
Named (shortlist from client from which contractor must select)
4
Q
NEC4 domestic subcontractor liability for main contractor and procedure of proposal
A
“If the contractor subcontracts work, it is responsible for providing the Works as if it had not subcontracted” (26.1)
Name of proposed SC given to PM by contractor (26.2)
5
Q
Issues with subcontracts
A
Back to back contracts (reliant on third parties)
Risk allocation
Main contractor discount?
