What is the unconditional waiver?

Q: What is the Administration of the Union of Contract?

A: Project administration, is, the project operation between the owner, or company, and the building…

Q: What is the Fair Labor Standards Act?

A: - Fair labor standards act is federal law published in 1938 for upbringing and beneficial of labors…

Q: Is it possible to grant certain authority to a specific individual?

A: The construction of a structure involves various levels of employees starting from the contractor.…

Q: Jéan has asked that you explain the whole idea of construction lien to him in plain language, and if…

A: Jéan has requested you to explain the concept of a construction lien to him in layman's terms, as…

Q: Can Actual authority be delegated by a Public Agency?

A: The delegation of an authority refers to the granting of authority to subordinates and transferring…

Q: What are the different types of business disputes?

A: When a dispute occurs within a business is called as business dispute. The business dispute should…

Q: What is the quickest and most economical way of resolving a dispute?

A: The dispute occurs between the client and the contractor when there is a occurrence difference of…

Q: What are the sources of time related disputes?

A: In the construction project, the dispute arises due to disagreements between the parties on a…

Q: .  The existence of which type of authority is very important in Public Construction Projects?

A: The Project Authority is the representative of the department or company for whom the Work is…

Q: How can the disputes be resolved by negotiation?

A: In a construction project dispute arises when parties disagree to each other at any point in…

Q: Define the term negotiation?

A: Negotiation is indeed a tactical conversation which settles a problem in a way which is satisfactory…

Q: Does the contractor have to accept partial possession?

A: The partial passion usually needs the approval of the contractor and provides the owner to use part…

Q: How is mediation used as the dispute resolution tool?

A: The term mediation is defined as it is a consensual method of dispute resolution between parties in…

Q: What are the benefits of the Changed Conditions Clause used by the Owner?

A: The Changed Conditions Clause is the most common and effective clause used in any construction…

Q: Which is one of the insurance form usually recommended for construction?why?

A: Construction insurance is a wide category of insurance policies which provide security throughout…

Q: What is the method of negotiation resolution?

A: In a construction project dispute arises when parties disagree to each other at any point in…

Q: How do the mediation differ from arbitration?

A: The mediation is nothing but the process of solving the disputes amicably between two parties by a…

Q: How are the problems resolved when disagreements occur between the parties?

A: A dispute resolution is also referred to as alternative dispute resolution, it is a method for…

Q: vHow can the disputes be settled by arbitration?

A: Arbitration is a way of settling dispute in which an imperial third party is introduced which is…

Q: Is litigation more preferable or the arbitration more preferred by the contractor?

A: lest's first understand the difference between "litigation" and "arbitration".

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

A: There are several effects of “beneficial use” on the foregoing list of contract some of them are…

Q: What does a signed work permit assure?

A: A signed work permit is a document issued by a government authority that allows an individual or…

Q: What is federal contract change?

A: - Federal contract is same as cooperative contracts in which government provide financial support…

Q: What Is Conduct the Negotiation?

A: Negotiation involves participating in negotiations with the goal of reaching a mutually acceptable…

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.