construction contract

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construction contract

A contract for construction services. A good one should contain the following information:
• The names of the parties
• The contractor's registration number
• Ageneral description of the work to be performed
• Astatement of the quality, such as “standard practices of the trades”
• Aset of blueprints and engineering plans
• Aset of specifications
• Adescription of responsibilities for oversight and management
• Atimetable
• Afixed price for the work or a formula such as time and materials
• Definitions of terms, such as “time to exclude/include commuting time”
• The process for pricing and approving change orders
• Payment schedules
• The process to be used for dispute resolution
• Remedies in the event of default
• The terms of any warranties

References in periodicals archive ?
Suleman Aslam Butt counsel for the petitioner Power China Construction company prayed the court to stay the bidding for awarding contract for construction of Dasu dam which is taking place on Monday.
The contract for construction of a disposal pipeline for reservoirs east of Madinah City has been
Scandiaconsult AS has won a contract for construction management services from the Vestfold hospital.
Another contract for construction of Multipurpose Barge (MPB) was signed between MoDP and KS and EW.
have signed a contract for construction, operation and management of a container terminal and general cargo area in Isla Margarita, Colon, at a cost of $593.9 million and for a period of 20 years, reports Prensa.com (March 1, 2012).
2- The contract for construction of science and engineering faculty has been granted for a sum of SR 156 million.
The Army Corps of Engineers in Norfolk, VA, intends to award a multiple award contract for construction services in support of the BRAC Program.
The award of the contract for construction is expected in Summer 2005 and completion of the project is projected for Summer 2008, increasing efficiency for thousands of passengers and NYCT staff.
When the contract for construction of roads was awarded in sector 12, then it came to light that plots are located 40 feet below the road, therefore, planning wing was asked to revise the plan but planning wing has failed to send revised plan to director sector development despite lapse of several months.
Collins Co., Providence, RI, is being awarded a $24,512,000 firm-fixed-price contract for construction of a new training building for the Navy Supply Corps School, Naval Station Newport, Newport, RI.

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