Contract Administration Flashcards
What is Nomination?
Selection by the Employer of a particular subcontractor to carry out or supply works.
What is Set-Off?
Monies owed to the Employer which are deducted from Interim Payments.
What are Statutory Provisions?
Set out by law and must be complied with [regardless of what a contract says?]
What are Named Subcontractors?
Choice of subcontractors supplied by the Employer, with one becoming the Domestic Subcontractor.
What is the difference between the JCT and NEC in relation to industrial sectors and format?
NEC is also applicable to the Civil Engineering sector
The NEC can be adapted to a number of contract strategies
What is Frustration?
When an event beyond the control of the parties makes it impossible to fulfill contractual obligations
What is a Latent Defect?
Defects which are not readily identifiable upon inspection.
What is a Provisional Sum?
An allowance in the contract for work that cannot be fully designed and costed.
What is a Defined Provisional Sum?
An allowance for work not completely designed but CERTAIN SPECIFIC INFORMATION CAN BE GIVEN.
What is an Undefined Provisional Sum?
An allowance for work with MINIMAL INFORMATION ie not known:
Location
Quality
Time
What are the main parts of the JCT Contract?
RAPACSch
What are the 9 Sections of the JCT Contract?
DCCPVInjATD
What advantages are there to JCT Contracts?
Industry familiary
Comprehensive and fair
Suitable for most building types
Suitable for most procurement routes
What advantages are there to NEC Contracts?
Variety of procurement routes
Clarity
Stimulate good management
What are the key differences between the JCT and the NEC? (procedures)
NEC:
Plain language
Optional Clauses (not amendments)
Early Warning and Risk Register
Time and Cost agreed together
Project Manager (not CA or EA)
Programme - a contract document
Shorter periods for reply
Retention - optional clause
Delay - optional clause
JCT:
The contrary to the above
Cost agreement can be left to the end
QS
