Contract Practice

Question	Answer
Basic contract law and legislation	LEDCA 09 Unfair Contracts Act Rights of Third Parties Act Construction Design Management (CDM)
Contract documentation	Form of Tender Pricing Document/ Schedule of Rates/ Schedule of Works Employers Requirements/ Contractors Proposals Preliminaries Specification Drawings Conditions of contract and any amendments to standard forms
Various Standard forms of contract and subcontracts	SBC with BoQ SBC without Quants SBC with Approximate Quants Design and Build Major Projects Intermediate contract with/without CDP Minor works contract with/without CDP
When are the different forms of contracts used	Depends on the procurement route
Basic contractual mechanisms and procedures at various stages	Retention Payment terms Rectification Period Practical Completion Sectional Completion Partial Possession
Third party rights and Collateral Warranties	Break privity of contract and allow third parties to a contract to exercise rights Difference - Third parties name individuals whereas collateral warranties refer to unknown benefitiaries

Resource summary

	Created by Demetris Kalifom about 9 years ago