As a contract manager or administrator is responsible for negotiating, administering, monitoring and enforcing the terms and conditions of a contract. Discuss

Q: What is contract? Discuss different types of contracts in detail with suitable examples

A: A Contracts is a legal framework or a set of rules which are carried out to establish a legal…

Q: What are some common factors that affect the performance of contracts?

A: Performance of a contract refers to the fulfillment of the obligations and promises agreed upon by…

Q: A change order is a written amendment to the contract signed by the Owner and the Contractor stating…

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

Q: There are several types of construction contracts. However, often a standard form of contract is…

A:

Q: What are the five principles of contract administration?

A: Six priciples of contract management:

Q: What are the  five basic rules of contract interpretation that are important in construction…

A: Contract interpretation starts by seeking out the decisions parties made.

Q: What standard forms of contract are offered by JCT?

A: The Joint Contract Tribunal's (JCT) standard forms of contract are created for difficult or big…

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: what are the legal issues of using BrIM as contract documents ?

A: BIM LEGAL ISSUES BIM: Recognising your obligations and limitations 1. This article considers two…

Q: assess how time, cost and quality affect the selection of a contract

A: Estimation and Costing : The practice of estimating or assessing a number through the estimation,…

Q: What is meant by the following terms?a. Yellow-dog contractb. Agency shopc. Subcontractor clause

A: a) Yellow Dog Contract:- The contract in which the employee is asked by employer to sign an…

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: . True or False? A payment bond provides the construction contractor a guarantee that they will…

A: Construction works include demolition, erection and repair of structures and civil works.…

Q: Describe the general conditions of the construction contract?

A: General requirements cover any part of the project, meaning that it may be complicated to break down…

Q: ain FIVE (5) advantages of having a contract from the pers

A: A construction contract is a mutual or legally binding agreement between two parties based on…

Q: Classify the under listed instances into the appropriate types of contracts. a. A standard form of…

A: Where Particular Conditions can be used, FIDIC contracts provide guidelines on project-specific…

Q: What is a design-build contract and its functions?

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

Q: The contract definition

A: Solution: The correct option to above given question is option C.

Q: In building contract documents, what are main differences between General Conditions and…

A: The objective of the question is to understand the differences between General Conditions and…

Q: Valid contracts require an offer, an acceptance, and a consideration.Identify these elements in the…

A: A valid contractor is selected on the basis of qualification, type of work he has done, upto what…

Q: a type of construction contract and make a brief discussion of its advantages and disadvantages to…

A: A contract protects both the builder and the owner by ensuring that expectations are clear from the…

Q: Describe the term International Construction Contract?

A: International Construction contract is defined as the contract prepared for the international…

Q: Describe the term “Order of Precedence of Contract Documents?

A: Construction contracts are a collection of various documents drawn up by various participants of…

Q: Outline the differences in project controls on parties' interests between the Standard Form of…

A:

Q: ies, and "Work" under the Construction Contract ent and contractor. Explain SIX (6) factors in sele

A: A construction contract is a written agreement between two parties that is mutually or legally…

Q: What procedural steps should be taken by the contractor in a contract?

A: A contractor is a self-employed person who can carry out the works for the construction company. The…

Q: Many contracts require that the contractor prepare and present the construction schedule and receive…

A: the owner of the project typically wants to ensure that the project is completed on time and within…

Q: Do the project records define contractual parameters within which the parties should function?

A: Let's first understand "what is project record" Managing project records is a crucial responsibility…

Q: What are the disadvantages of the written contracts?

A: Written contract: A written contract could be a written agreement between 2 parties, one a borrower…

Q: C. There has always been the need to protect Client from Contractors who cannot to perform…

A: A tendering is a presentation submitted by a potential customer in reaction to a company's offer…

Q: Write some of the common conditions that generally give rise to the need for a contract change…

A: Contract Change Order : A contract change order is work that is applied to or removed from the…

Q: Describe the concept of a design-build contract?

A: The project delivery system is a process which is used to assign the responsibilities of the…

Q: 9. Name the five principles of contract administration?

A: contract administration five principles are as follows:

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.