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What 6 conditions need to be met for a contract to be in place?
Offer by one partyAcceptance by the other partyConsideration of the offerIntent to form a contractLegality of contractCapacity to make agreement
What are common contract documents?
Conditions of contract and any amendments to standard formsPreliminariesContract sum analysisDrawingsSpecificationsExisting building informationAny contractor’s proposals for CDP work
Who needs to understand the contract?
All parties mentioned in the contract including the Employer, design team, consultants, Contractor and those involved who are not mentioned.
What are the main suites of construction contract?
JCTNEC 3ICE 7GC WorksFIDIC
What does JCT, NEC, ECC, FIDIC, ICE stand for?
Joint Contracts TribunalNew Engineering ContractEngineering and Construction ContractInternational Engineers FederationInstitution of Civil Engineers
Who publishes the GC/Works suite of contracts?
PACE – Property Advisors to the Civil Estate
What are the main parts of the JCT contracts?
Recitals
ArticlesContract ParticularsAttestationConditions – divided into 9 sectionsSchedules
Name the main types of JCT contract
Minor worksIntermediateStandard building contractMajor ProjectsDesign and BuildPrime cost contractMeasured Term contractConstruction Management AgreementManagement ContractFramework Agreement
What different types are there of standard building contract?
Three types:With quantitiesWithout quantitiesWith approximate quantities
When would you use JCT Minor Works?
Projects that are short in duration, small and simpleGuidance is for a value up to £150,000It is a short, easy to follow contractIt is a lump sum form; design should be completed prior to executionNot as comprehensive as others – limited claims provisions, no fluctuations
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