Preparation of Contract Documents
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Preparation of Contract Documents
When the specification and schedule of works forming the tender documents have been priced and parties have agreed to a cost, a programme, and have mitigated health and safety risks one can then enter into a contract.
The contract can be simple (shortlist of key conditions) or more complex; a construction recognised form of contract such as a JCT (Joint Contract Tribunal) contracts / suite of contracts for example.
The outline of the contract terms and conditions is typically within the tender documents. This allows the contractors to price for the work with an understanding but not limited to payment conditions, how deal with change and the effects of project overrun.
When the contract terms and conditions (Contract Documents) are completed the Parties sign these which then become legally binding. Formal contracts need to be managed by a Contract Administrator who understands and uses the documents as a route map through the project.
There are many types of construction contracts depending on sector and scope of works, we are well placed to advise you on the correct form of contract for your project
Please click on the link for Contract Administrator, if you require more information about this service
