Contracts for construction projects Flashcards
(29 cards)
What are the four essential elements of a valid contract?
Offer and acceptance, consideration, intention to create legal relations, and agreed terms and conditions.
Why is contract law important in construction?
It protects all parties, ensures legal enforceability, manages risks, and provides structured dispute resolution.
What is consideration in construction contracts?
The exchange of value, typically money for services or materials.
What does a construction contract typically include?
Scope of work, completion timeline, payment terms, and dispute resolution mechanisms.
What are common causes of variations in construction contracts?
Design changes, site conditions, material availability.
How should contractual variations be handled legally?
hey must be agreed upon, documented, and properly valued.
What rights do contractors have under construction contracts?
Right to payment, to claim for extra work, and to dispute resolution.
What obligations do contractors have?
To perform work as agreed, meet deadlines, and ensure quality and safety.
What rights do employers have?
To inspect work, approve or reject outcomes, and enforce penalties for delay or non-compliance.
What is the JCT Standard Building Contract used for?
Traditional projects where the client designs, and the contractor builds.
What is the JCT Design and Build Contract?
Contractor handles both design and construction; simplifies process but increases contractor’s responsibility.
What is the JCT Minor Works Contract best suited for?
Small, straightforward projects.
What is the ACA Building Agreement?
A simpler contract used in small-scale projects with strong architect involvement.
Name two advantages of the ACA Agreement
Simplicity and flexibility.
Name two disadvantages of the ACA Agreement.
Less legal protection and limited scope.
What type of projects are ICE Conditions of Contract designed for?
Large civil engineering projects (e.g., roads, bridges).
What role does the engineer play in ICE contracts?
Acts as intermediary between employer and contractor.
What is the FIDIC Red Book used for?
Construction where the employer designs and contractor builds.
What does the FIDIC Yellow Book cover?
Design and build projects handled by the contractor.
What is unique about the FIDIC Silver Book?
It’s for turnkey projects—contractor delivers a fully completed project.
What are advantages of FIDIC contracts?
International recognition and comprehensive terms.
What are disadvantages of FIDIC contracts?
Complexity and rigidity.
What is the focus of NEC contracts?
Collaboration, transparency, and proactive risk management.
What does NEC3 ECC stand for and cover?
Engineering and Construction Contract—for large infrastructure projects.
