Contract Administration Flashcards
What are the different certificates that need to be issued under JCT.
Interim payment certificates (check)
Practical completion
Partial possession
Non completion certificate
Certificate of making good
What is practical completion?
Trigger the the end of detect liability period begins.
Insurance handed over to client
Handover of the site
Liquidated damages can no longer be applied.
What does it mean by time is at large
There there is no enforceable completion date for a construction project, or the agreed-upon date is no longer valid
What are the payment timescale under JCT
- Due date 7 days after the valuations day
- Certificate issued by 5 day from the due date
-Final date for payment -14 days from due date
- Pay less notice need to be issued 5 days before the final date of payment.
What is the roles of the employers agent?
Act as a liaison between the client and the contractor, and their responsibilities monitoring the contract and coordinating with the project team throughout the project.
On Bilton Road - What did you include in your instruction to the contract
Scope of works
Cost implication
Any programme implications
Any back up information
On Merton Road - Why was it important that a building control certificate is in place before handover?
Ensure all building regulations are meet
What is building warranty?
An insurance policy that protects against defects in the construction of a new or renovated property
What is the purposed of a vesting certificate?
Certificate used to confirm that ownership of the goods, plant or materials will transfer from one party to another on payment.
Projects the client in an event of contractor insolvency.
What information was required on the vesting certificate
What the material are
Locate of where the materials is stored,
