Contract Practice Flashcards

1
Q

What are included within the Contract Documents for a project

A
  • JCT Contract
  • Preliminaries
  • Contract Drawings/Specifications
  • Contract Sum Analysis
  • Surveys & Reports
  • Advanced payment schedule
  • Collateral warranties
  • Employers requirement’s/Contractors proposals (CDP)
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2
Q

What are the key parties involved in a construction contract

A
  • Employer/Client
  • Contractor
  • Contract Administrator; Contractor must comply with their formal instructions/ Expected to maintain impartial

Design & Build
- Employers Agent; Contractor must comply with their instructions

Quantity Surveyor
- SBC: Party to the contract
- DB: not a party to the contract but expected to maintain impartial if involved in administrating

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3
Q

What is the role of the Quantity Surveyor in construction contracts

A

To deal with all cost related matters, such as:
- Deal with interim valuations, raise payment recommendations/certificates
- Deal with cost when a variation occurs
- ascertain loss & Expense
- Deal with the Final Account

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4
Q
A
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