Dispute resolution is the process through which parties involved in a contract, seek a solution on a claim that one party has made against the other.
Section 4
A guaranteed bond is a bond whose interest and principal payments are guaranteed by a third party.
The final account is the conclusion of the contract sum and signifies the agreed amount that the employer will pay the contractor.
One common option is a performance bond so that money can be claimed from a guarantor bank at short notice, often simply on-demand.
A performance specification is a document that specifies the operational requirements of a component or installation.
A prescriptive specification conveys the requirements of a project through a detailed explanation of the materials that the contractor must use and the means of installing those materials.
When used in conjunction with a landscape construction contract, the JCLI LMWC should last for at least the duration of the rectification period.
Force majeure is generally intended to include occurrences beyond the reasonable control of a party from fulfilling its obligations under the contract.
The pre-start meeting is held to establish contract procedure and administration and is usually chaired by the Contract Administrator.
A domestic subcontractor is a subcontractor who contracts with the main contractor to supply or fix any materials or goods or execute work forming part of the main contract.
The appointment of nominated subcontractors establishes a direct contractual relationship between the client and the subcontractor.
If an accident occurs on site due to an uncovered trench during construction, since the works are still carried out and there is no hand-over to the client the contractor is responsible for site safety.
JCLI states that the Rectification Period is 12 months after Practical Completion, unless otherwise agreed.
Fédération Internationale Des Ingénieurs-Conseils is an international standards organisation for the consulting engineering & construction best known for the FIDIC family of contract templates.
Latent defects may not become apparent until a few or many years after the completion of the project whereas patent defects on the other hand, are the one that are immediately obvious.
Limitation is a time-limit of when a party can raise a claim and is provided for in the Limitation Act 1980, although parties can agree in a contract that a shorter or longer limitation period will apply.
There are two types of certificates in construction, that are issued by the CA / QS: Payment & Progress certificates.
Novation is a mechanism whereby one party can transfer all its obligations and benefits arising from a contract, to a third party.
Workers have an important role and should take an active part in helping to manage health and safety risks.
A Worker is anyone working for or under the control of a Contractor on a construction site.