Standardised Contracts Flashcards
In simple terms, what is a framework?
A contract to make further contracts
What is a typical framework period?
5 years
How does a framework facilitate good teamwork and learning within the team?
It establishes a sense of familiarity and allows relationships to be established
Legally, when does a contract within a framework begin?
When a works order is sent out
What are two downsides of framework contracts?
Tendering is costly and can alienate unsuccessful tenders from work
The timescale introduces risk in the form of price fluctuation
How do the JCT produce standardised contracts?
They publish a family of standard contracts which are already fully compiled
How do the NEC produce standardised contracts?
They publish a set of preset options which can be selected and compiled by a client
Which standard contract organisation is most commonly used for civil infrastructure projects?
NEC
Within the NEC Engineering & construction contract, what are the options A to F?
A - fixed price with an activity schedule
B - fixed price with a bill of quantities
C - target price with an activity schedule
D - target price with a bill of quantities
E - cost reimbursable
F - management contract
What NEC ECC options can be used for a design & build contract?
A & C, the ones that use an activity schedule
Other than options A to F, what does an NEC ECC contract cover?
Dispute resolution
Additional secondary options
Cost schedule