Construction contracts - PowerPoint PPT Presentation


Professional Consultants in the Construction Industry

The construction industry is a major sector encompassing general construction, specialty trade construction, and civil engineering construction. Professional consultants play vital roles in project success, such as architects designing buildings, site foremen organizing construction works, and quant

0 views • 38 slides


Comprehensive Industrial Wood Construction Education Materials for 2022

Extensive teaching materials for industrial wood construction education in 2022, prepared by various educational institutions and industry experts. The materials cover topics such as construction economy, project management, and specialized knowledge on wood construction. Students will gain insights

2 views • 32 slides



Performing of construction works contract

In the realm of construction contracts, key aspects such as the performing of construction works, scope of construction works, commencement procedures, duration of performance, and time frame for completion play pivotal roles. The contractor's commitment to delivering the project in line with the de

0 views • 41 slides


Construction Law Yukon CLE Q&A Overview

Gain insights into construction law practices in Yukon through this comprehensive Q&A session with senior practitioners. Topics covered include standard form agreements, drafting essential terms, risk allocation clauses, construction insurance, and bonding products. Learn about different types of co

5 views • 27 slides


Contracts and Agreements Training Session Overview

This detailed training session covers various aspects of contracts and agreements, including different types of contracts, standard vs. non-standard contracts, examples of common agreements, and less common agreements such as affiliation, facility license, and memorandum of understanding. The sessio

1 views • 26 slides


Understanding Contractual Liability in Construction Contracts

Contractual liability in construction contracts involves the obligations and responsibilities of parties such as investors and contractors. The liability of investors and contractors is defined by specific regulations in the Civil Code. Investors are responsible for actions like preparing the constr

0 views • 38 slides


Understanding Essential Elements of Digital Contracts

Digital contracts, like traditional contracts, have specific requirements for validity. This lecture presented by Mr. Bhushan S. Kulkarni covers key aspects such as making an offer, acknowledging the offer, and legal considerations for enforceability. The process of forming electronic contracts thro

0 views • 10 slides


Practical Strategies for Dispute Avoidance and Resolution in Business Contracts

Explore the essential mechanisms and practices for avoiding disputes in business contracts, emphasizing negotiation, mediation, and other ADR processes. Learn how upfront planning and proactive measures can prevent conflicts from escalating and lead to sustainable dispute resolution. Examples from c

0 views • 12 slides


Understanding the Indian Contract Act of 1872

The Indian Contract Act of 1872 is a significant legislation that governs contracts and agreements in India, excluding Jammu and Kashmir. It defines terms like contract, agreement, offer, and acceptance while outlining the essential elements required for a valid contract. The Act distinguishes betwe

0 views • 15 slides


Closing Out Construction Contracts - The Process Simplified

Exploring the crucial steps involved in closing out construction contracts, this document covers the how, when, and why of the process. From substantial completion to final payment, it delves into aspects like warranty, insurance, documentation, and more, shedding light on the intricacies of wrappin

0 views • 37 slides


Understanding Illegal Contracts in Common Law

Courts uphold agreements between parties but do not enforce contracts that violate statutes or public policy. Contracts against public policy include those prejudicial to justice, corrupting public office, deceiving authorities, committing crimes, promoting immorality, restricting marriage, ousting

0 views • 25 slides


Utilizing DOE Low-Level & Mixed Low-Level Waste Disposal Contracts

EMCBC manages disposal and treatment contracts for Low-Level Waste (LLW) & Mixed Low-Level Waste (MLLW). Eligible users include DOE offices, prime contractors, and subcontractors. Services cover various waste types including radioactive materials, sealed sources, and TSCA-regulated waste. Specific c

0 views • 19 slides


Comparison of JCT and NEC Contracts in the UK Construction Industry

JCT and NEC are main contracts used in the UK construction industry. JCT, established since 1931, emphasizes a traditional style, while NEC, newer and based on collaborative ethos, emerged from previous ICE conditions. The contracts differ in their approach and usage, with JCT being more established

1 views • 36 slides


Essentials of Contract Drafting and Principles for Effective Drafting

Contracts form the basis of business dealings, and the art of contract drafting involves outlining the obligations of parties concisely to avoid ambiguity. This process ensures clarity and understanding of legal rights and duties. Additionally, conveying rights through deeds in real estate differs f

1 views • 12 slides


Comprehensive Overview of Construction Insurance and Risks

Delve into the intricacies of construction insurance with expert tutor Peter Fice MBA, exploring topics such as Contract Works Insurance, Contractors' Liability, JCT Contracts, and Contractors' All Risks Insurance. Understand the key hazards and risks in the construction industry, covering areas lik

1 views • 27 slides


Application of Price Adjustment in Civil Works Contracts: Lessons from Nigeria

The construction industry faces challenges due to price fluctuations in construction materials, especially in countries with unstable currencies. Civil works contracts funded by the World Bank are eligible for price adjustments if the contract duration exceeds 18 months. This presentation highlights

0 views • 21 slides


Construction Projects Resolutions at Duluth International Airport

Resolutions were passed to approve work orders and award contracts for construction projects at Duluth International Airport. The projects include construction phase services for the Ranch Hangar, bidding for the 5-bay Ranch Hangar, and design and construction support for new hangars. Funding comes

1 views • 5 slides


Understanding EOT, CNC, and LAD in Construction Contracts

Explore the implications of EOT (Extension of Time), CNC (Contract Not Completed), and LAD (Liquidated Damages) in construction contracts. Learn about what happens when the contract completion date lapses, the process of issuing a CNC, the Employer's claim for LAD, and how CIPAA (Construction Indust

0 views • 26 slides


Understanding Contract Costing in Management Accounting

Contract costing in management accounting refers to a specific type of job costing applied to long-term projects like construction. Contracts serve as cost centers executed under customer specifications, involving materials, wages, direct charges, sub-contracts, and completion certificates. Contract

0 views • 14 slides


Understanding Different Types of Contracts in Construction Management

Contracts in construction management play a vital role in defining the obligations and responsibilities of parties involved. This content covers the basics of contract management, types of contracts such as lump sum, cost-plus, and time and material contracts, each serving different purposes based o

0 views • 38 slides


Understanding Contracts: Classification and Essential Elements

A contract is an agreement between parties to perform certain obligations. This article explores the classification of contracts based on enforceability, formation, and performance. It discusses the essential elements of a valid contract, types of contracts such as valid, void, voidable, illegal, an

0 views • 33 slides


Indiana Department of Transportation Public Procurement & Construction Overview

Overview of public construction and procurement procedures in Indiana, covering topics such as retention of services, procurement of supplies, construction of public work projects, award of public contracts, bid errors and protests, and antidiscrimination measures. Detailed explanations of rules, co

0 views • 38 slides


Understanding NIH Research and Development Contracts

Explore the world of Research and Development Contracts at the National Institutes of Health (NIH) with insights on opportunities, proposals, types of contracts, contracting offices, examples, and regulatory frameworks. From finding opportunities to pursuing contracts, this comprehensive guide cover

0 views • 29 slides


Understanding DBA and DBRA: Wage Determinations and Construction Projects

This content delves into the application of multiple wage determinations under the Davis-Bacon Act (DBA) and the Related Acts (DBRA), specifically focusing on how minimum wages are determined for laborers and mechanics on construction projects. It also explains what constitutes a project of a charac

0 views • 18 slides


Understanding Commercial Contracts: Key Concepts and Requirements

Explore the fundamentals of commercial contracts, including the definition and importance of agreements, freedom of contracts, and types of contracts. Get insights into the course requirements for passing and engage with essential information provided by the Department of Business and Commercial Law

0 views • 10 slides


Understanding Contracts: Key Elements and Importance in Business

Contracts are legally binding agreements essential for creating obligations and enforcing rights between parties. This article explores the elements of a contract, why contracts are crucial in business, and scenarios illustrating contract formation. Additionally, it delves into the significance of w

0 views • 29 slides


Programming Smart Contracts in Ethereum Blockchain Workshop at SIGCSE 2019

Explore the Programming Smart Contracts in Ethereum Blockchain Workshop held at SIGCSE 2019, covering topics like cryptocurrencies, Ethereum basics, smart contracts development using Solidity, and distributed applications. The workshop agenda includes modules on Bitcoin, Ethereum, cryptography, wall

0 views • 16 slides


Fides: A System for Verifiable Computation Using Smart Contracts

Fides presents a system for verifiable computation using smart contracts, focusing on blockchain basics, Ethereum, smart contracts, and outsourcing computation. It explores key components of blockchain, Ethereum's decentralized computing platform, properties of smart contracts, and the concept of ve

0 views • 25 slides


Revenue Recognition for Long-Term Contracts in Construction

Long-term contracts in construction projects require specific accounting methods for revenue recognition. This presentation explores the principles behind revenue recognition for long-term contracts, including the Completed Contract Method. Examples and journal entries illustrate the accounting trea

0 views • 20 slides


Guide to Statewide Cooperative Contracts in Utah

Comprehensive guide on statewide cooperative contracts in Utah, explaining the process for vendors to obtain contracts, eligibility criteria for users, and how to search for contracts using the official purchasing website. Includes detailed steps and visual aids for a better understanding.

0 views • 32 slides


Legal Competency of Parties in Business Law: Understanding Capacity to Contract

Capacity to contract is crucial in business law, ensuring parties are competent to enter valid agreements. Minors, persons of unsound mind, and those disqualified by law lack competency to contract. In India, minors under 18 years cannot enter valid contracts, and contracts by minors are void. Howev

0 views • 10 slides


Understanding Purchasing Contracts and Routing Processes

This comprehensive guide covers the definition of purchasing contracts, types of contracts, elements involved, and the importance of routing slips in contract administration. Learn about key aspects like legal names, purposes, compensation, and signature requirements in contracts, along with a detai

0 views • 38 slides


Contract Training Presentation Overview at UNT Health System

This Contract Training Presentation provides an in-depth look at various aspects involved in contracts, including contract basics, flow, and liaison responsibilities. It complements UNT System policies and regulations, discussing the legal review of contracts governed by the University of North Texa

0 views • 68 slides


Importance of Construction Contracts in Construction Projects

The construction phase plays a crucial role in the success of a project, with a significant portion of the budget being allocated during this stage. Quality workmanship, proper contract documents, skilled laborers, and effective management are key factors influencing the outcome. Construction contra

0 views • 48 slides


The Continuing Duty of Good Faith in Reinsurance Contracts: English Law Perspective

English contract law's view on good faith in reinsurance contracts is analyzed. While no general doctrine of good faith exists in English law, exceptions like the duty of good faith in negotiating and performing contracts as seen in other legal systems are explored. The historical background and rat

0 views • 18 slides


Exploring the Future of Smart Contracts in Legal Practice

Delve into the potential of smart contracts as the future of legal agreements, bridging the gap between current law and technological innovations. Understand the components, tests, and role of the judiciary in smart contract validation. Discover the benefits, challenges, and safeguards of smart cont

0 views • 19 slides


Understanding Road Sector Contracts: Key Elements and Importance

Explore the concept and types of contracts in the road sector, key elements, importance of signed contracts, general and special conditions, and content of a typical contract. Learn about the procurement procedures, parties involved, agreement clauses, and documents forming a contract. Gain insights

0 views • 17 slides


Understanding State-Building Contracts in Fragile Situations

State-building contracts play a crucial role in supporting countries in fragile situations by promoting good governance, oversight, and combating corruption. These contracts, introduced in 2012 by the EU, focus on vital state functions and basic service delivery. Requirements such as stable economic

0 views • 12 slides


Construction Administration Training for Southwest Region

This content covers various topics related to construction administration training for the Southwest region, including preconstruction, project start during construction, information and procedures typically found in a region pantry, website resources for design and construction updates, software in

0 views • 59 slides


Understanding Grants vs Contracts in Government Funding

Grants and contracts in government funding have distinct features and requirements that recipients must adhere to in order to avoid grant fraud and misuse of funds. Grant agreements are legally binding contracts with specific purposes, while contracts involve competition and justification for sole s

0 views • 17 slides