According to Contract Act (1950), there are seven (7) essential elements to the creation of a valid contract. Discuss any FIVE (5) elements of contract in construction contracts below: i) Offer and Acceptance ii) Intention to create legal relation iii) Consideration iv) Certainty of terms v) Capacity vi) Free consent

Q: What is lump sum contract?

A: The lump sum contract is the traditional method of contracting in which the contractors are required…

Q: How is a contract executed?

A: An executed contract can be defined as an agreement that has been signed by all the concerned…

Q: What is the effect of “beneficial use” on the foregoing list of contract requirements?

A: Beneficial use of contracts is also called beneficial occupancy, it explains about the building…

Q: What are the several factors to chose a contract?

A: A contract is a legally enforceable file that identifies and regulates the rights and…

Q: Write the advantages and disadvantages of the design-build contract?

A: The design-build contract is a type of contract in which the contractor has the sole responsibility…

Q: Why use standard forms of contract?

A: Standard contracting forms have a whole host of benefits:

Q: Determine the criteria for the selection of a contract. Time  Cost  Quality  Risk

A: Brief concept introduction- Contract- A contract is an agreement between two parties that is…

Q: Answer these civil Engineering Questions with a good understanding.  What are the benefits of using…

A: Solution :  1. In the case of Construction Manager At Risk contract format (CMAR), the construction…

Q: How can the differences between the parties affect contract cost or time required to complete the…

A: Several differences can occur between parties in an ongoing project that may lead to disputes and…

Q: ivil Engineering Law) I. Define the following: a.) What are the essential elements of a contract?…

A: The basics of a contract are essential for creating legally binding agreements and projects in civil…

Q: When do most disputes in construction contracts occur?

A: When a construction dispute occurs, the contracting parties may wonder which is the best course of…

Q: what are the advantages and disadvantages of the four basic contract types? -lump sum,…

A: Lump Sum Contracts Despite the fact that the owner benefits from streamlined accounting and less…

Q: Which of the following statements are valid reasons for the owner to terminate the work for cause?…

A: There are different reasons for an owner to terminate a construction contract for cause. The owner…

Q: q1) a. Explain the statement: Documents for construction contracts are not always the same as…

A: “Since you have asked multiple question, we will solve the first question for you. If you want any…

Q: Choice 1 Extreme ease of use Choice 2 Designer preference Choice 3 Project owners requiring it…

A: BIM = Building Information Model  it is a tool which is used to distinguish the 3D modelling from…

Q: What is the difference between contract and agreement?

A: When two people or party agrees to some points and they pen it down for future reference is called…

Q: Describe the process regarding the 6 phases of a construction project 1.Study and report phase…

A: Each construction project has its own set of objectives and constraints, including a need for a time…

Q: What types of relationships are intended to be established under a Partnering agreement?

A: When a mutually developed formal ideology of communication and accountability planned to increase…

Q: Why are monthly reports of Contract Performance important?

A: The report that provides cost of contract and its total schedule and its performance data to…

Q: Question 8 What is the contract delivery method called where the prime consultant is responsible to…

A: Brief concept introduction- Project delivery system- It is a system that gives permission to an…

Q: What are the rights of all the parties in construction operations?

A: The construction of huge projects requires expertise from every field. It involves collaboration of…

Q: What is the order of Precedence of contract documents?

A: Construction contracts are also very broad and contain a lot of different number of documents such…

Types of Contracts

A verbal or written agreement between a person and a firm, for undertaking construction, material supply, maintenance, and repair work which is enforceable by law is termed as a contract. The person who undertakes the contract for execution of the work is termed as a contractor. The contracts are classified into different types depending on the nature of the contract.