Contract Contents Flashcards
What are the contract Recitals? and some info included
Factual explanations for the basis of the contract
- Doing what at where
- Where the drawings are
- Pricing document
- Any sectional completion?
What are the articles? and some info included
Sets out what is agreed
- Contract Sum
- Key parties
What are the particulars? and some info included
Aspects of the contract that are specific to the project
- Stages
- Periods
- LDs
- Insurance
What is attestation?
Confirms the agreement is genuine, and states if it by deed or under hand
What are the requirements for a contract to be signed under deed
Clearly stated as a deed
Signed by the authorised party and a witness
What contract type must be used for a unilateral agreement (no valuable consideration)
Must be under deed
What contract type must be used for a unilateral agreement (no valuable consideration)
Must be under deed
What contract type must be used for a unilateral agreement (no valuable consideration)
Must be under deed