Standard Forms of contract Flashcards

1
Q

Why use a standard Contract

A
  • Familiarity
  • Complexity of writing a contract
  • For JCT it is fair and balanced
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2
Q

Who and what determines which form of contract is being used?

A

Procurment system and
- circumstances surrounding project
- status of the designer
- Favourite contract
- Size/value of the contract
- Type of works
- Where to be constructed

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3
Q

After what stage is the contract is decided upon?

A

Generally follows the procurement stage

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4
Q

What can the wrong choice on contract lead to?

A
  • disadvantage to both parties
  • roles/ responsibilities can be unclear
  • amendments to the contract will be needed
  • Employers interests may not be safe guarded
  • Balence of risks may not be spelled out as intended
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5
Q

What are the three groups of contract?

A
  1. Traditional
  2. Design and Build
  3. Management
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6
Q

3 traditional contratcts

A

lump sum contract
Measurement contract
Cost reimbursement contract

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7
Q

2 Design and build contracts

A

Package deal and turnkey contract
Design and build contract

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8
Q

3 management style contracts

A

Management contract
Construction management
design - Manage - Construct

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9
Q

3 formations in a contract

A

Articles of agreement
Recitals
Articles

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10
Q

What does NEC stand for?

A

New engineering contract

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11
Q

Objectives of NEC

A

flexibility
clarity and simplicity
stimulus for good management

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12
Q

New features of necs

A
  • The use of BIM option
  • Contractor design and Build option. A contractors design has been aligned with industry standards
  • Dispute resolution
  • Finality of payment
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