CONSTRUCTION CONTRACT LAW

Construction Contract Law



Construction Contract Law

Session 2010/2011

Question 1

A termination for convenience clause in the rule to cover cases in which the project is no longer needed or should be discontinued for any reason, for example, if the employer is no longer able to finance the project. The idea is for the contractor's financial situation back in never would have started to work (so there is no profit margin). It follows that the employer has no right to terminate the contract to complete the works themselves or by hiring a new (and potentially cheaper) contractors.

Question 2

This statement is relevant to the contract that was in effect with the contractor and in the middle of the contract. According to the contract says that if the contract is fulfilled after 5 weeks once the agreement on the new prices or the prices go right under the provisions of sub-clause 52.2 are trying to "due consultation" with the employer by the engineer and the contractor. In case of disagreement, the engineer needs to impose a tax or other charge and is in his opinion, appropriate in certain cases. The engineer is required to notify the Contractor in accordance with a copy to the employer. As in sub-clause 52.1, until such time that the agreed prices or rates fixed or required, the engineer must determine provisional rates or to make payment account in the certificates issued under paragraph be included in the 60th Clause.

Question 3

The letter of intent is the letter for the reference that is done to make any contract adjustment. The controversies could be that one might does not know about the capabilities of the persona but he refers them for the contract.

Question 4

When looking to identify contractor risk across the UK power transmission industry, we can look to two distinct risk factors, financial (or socioeconomic) risk and operational (technical) risk. For contractors, being financially sound means that projects can be tendered accurately (according to actual costs and not just in an attempt to win work), suppliers, subcontractors and permanent staff can be paid, and the firm can contribute some proportion of profit margin to the overall health of the business portfolio.

Question 5

Design - Build - Operate international model for over a decade is widely used in the construction of public facilities and other areas, because of its progress, co t, quality and other aspects of the considerable benefits, demand is growing for the International Consultation Association of Consulting Engineers (FIDIC) in response to this request in 2008, the official publication of the terms of the BOD (conditions of the contract for De-sign, construct and operate projects). 

Question 6

Contracts FIDIC, as a final agreement between the customer and the contractor for this project consists of several components. FIDIC contract includes the following items:

Contract

The application for tender

Terms and conditions of the contract (both general and specific)

Specifications

Drawings

Applications

Agreement on Dispute Settlement

As the use of FIDIC contract is often the result of a tender process conducted by the rules of FIDIC, the organization proposes to include ...