Академический Документы
Профессиональный Документы
Культура Документы
Instructor:
Engr. Cyrus D. Esguerra
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Description of a Contract
Construction Contracts defined as an agreement between two parties
that is enforceable by law.
- It requires a meeting of minds and there must be a service
and consideration.
- One party must agree to perform work (service) for the other
party and receive payment (consideration) for the work.
- Oral contract are essentially impossible to enforce in
construction because of lack of evidence regarding the scope of
the agreement.
- Generally written contracts eliminates problems by removing
any doubt about agreed on terms
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Date of Agreement
Names and addresses of the contracting parties
Description of the scope of work
Time Limitations
Contract Considerations
Payment Conditions
Reference to other Documents
Signatures
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General Condition
The Owner
The Contractor
Administration of the Contract
Subcontractors
Construction by Owner or by Separate Contract
Changes in the Work
Time
Payments and Completion
Protection of person and Property
Insurance and Bonds
Uncovering and Correction of Work
Miscellaneous Provision
Termination or Suspension of the Contract
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