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The owner, often referred to as the 'employer' or the 'client', [1] has full authority to decide what type of contract should be used for a specific development to be constructed and to set out the legally-binding terms and conditions in a contractual agreement. [2] A construction contract is an important document as it outlines the scope of ...
The contract was billed as the world's first contract specifically aimed at the management of time in complex construction and engineering projects. [2] The authors also stated that it was the first form to follow the Society of Construction Law Delay and Disruption Protocol, [ 3 ] and that it was also the first standard form contract to cater ...
The International Federation of Consulting Engineers (commonly known as FIDIC, acronym for its French name Fédération Internationale Des Ingénieurs-Conseils) is an international standards organization for construction technology and consulting engineering. The organization is best known for the FIDIC suite of contract templates.
Engineering, procurement, and construction (EPC) contracts (a type of turnkey contract) are a form of contract used to undertake construction works by the private sector on large-scale and complex infrastructure projects. [1] They may follow a Front-End Engineering and Design (FEED) contract.
Sub-contracts between the main contractor and its subcontractors (both for sub-contractors selected by the employer and for other sub-contractors): the DOM/1 sub-contract is suitable for use with the JCT's standard building contract, and the DOM/2 sub-contract is aligned with the design and build contract. [11] A standard form of sub-sub ...
The second contract is the owner-contractor contract, which involves construction. An indirect third-party relationship exists between the designer and the contractor, due to these two contracts. An owner may also contract with a construction project management company as an adviser, creating a third contract relationship in the project.
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