H1 - Summarised Semester Notes

Description

1 Forms Of Construction Contract 4 Fixed Price Contracts 4 Description 4 Contract Sum Alterations 4 Fixed Price Contracts Vs Turnkey Contracts 4 Cost Plus 4 Description 4 Benefits 4 Cost Controls 5 Design & Construct Contract/Design Build Operate 5 Description 5 Benefits 5 Risks 5 Warranties 6 Perceived Disadvantages Of Not Doing A D&C 6 Design Build Operate Contract 6 Description 6 Contractor’s Obligations 6 Principal’s Obligations 6 Security 7 Design 7 Quality Assurance 7 Definitions 7 Project Management Agreement 8 Construction Management Agreement 8 Managing Contractor Contract 8 Warranted Maximum Price Contract 8 Alliance Contract 8 Build Own Operate Transfer (Boot) / Ppp Project 8 2 Contract Conditions/The Super Intendent 9 Standard Form General Conditions Of Contract 9 Tenders 9 Superintendent 9 3 Payment/Security 10 Progress Claim 10 Progress Certificate 10 Progress Payment 10 Valuation Of Progress Claims 10 Bill Of Quantities/Fixed Price/Schedule Of Rates 10 Cash Retention/Bank Guarantee 11 Security By Principal (Principal Provides Security To Contractor) 12 Protection For Principal 12 Protection For Contractor 12 Variations 12 Payment For Variations Without Written Instruction 12 Valuation Of Variations 13 Payment Claim/Payment Schedule 13 4 Quality/Insurance/Default/Termination 14 Contract Requirements 14 Quality Requirements In Contract Documents 14 Implied Terms 14 Codes 14 Defects 14 Judgment Of The Superintendent 14 Direction To Remedy 14 Quality Assurance 14 Nature Of Programs 14 Contractual Requirement To Comply 15 Defects Liability Period 15 Obligation And Privilege Of The Contractor 15 Failure To Rectify/Rectification By Principal 15 Liability For Defects After Defects Liability Period 15 Care Of The Works 15 Construction Insurance 15 Who Effects The Insurance? - Principal Or Contractor? 15 Default/Termination 16 Default By The Contractor 16 Default By The Principal 16 5 Contract Dispute Resolution & Negotiation 17 Litigation 17 Process 17 Commercial Arbitration 17 Process 17 Expert Determination 18 Process 18