• Post category:StudyBullet-13
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Basics of Contract documents

What you will learn

Lump sum contracts

Measure & Value contracts

Cost reimbursement contracts

Form of Contracts

offer letter

Letter of Acceptance

Contract Agreement

General & Particular Conditions

FIDIC

Tendering methods & Procurement Route

Description

Welcome to this course designed to teach Quantity surveyors, engineers, Project Managers and construction management professionals the basics of contract management and construction contracts. The course covers all of the fundamentals you’ll need to walk away with a good understanding of construction contracts.

Construction contracts protect both parties in the agreement. These documents detail what work will be completed, when it will be completed and how much it will cost. They also outline methods of communication and how disputes will be handled if they arise.

In general, contracts provide duties and obligations the parties have agreed to but also provides protections for the parties if they fail to abide by their obligations. Construction contracts include details about the project and the work that will be done and how compensation will be handled related to the project.

Well-drafted contracts provide you and your business many benefits such as: Clarity in business relationships, agreements, and rights of parties. Avoiding potential contract disputes and litigation.

Anyone can draft a contract on their own and as long as the elements above are included and both parties are legally competent and consent to the agreement, it is generally lawful. However, lawful and legally binding may be two different things.

In this course you can learn,

Contract types


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Form of Contracts

Form of Agreement

LOA

General & Particular Conditions

Offer Letter

FIDIC

Good Luck!!

English
language

Content

Introduction

Introduction

Contracts Types

Lump sum Contracts
Measure & value Contracts
Cost Reimbursement Contracts

Form of Contracts

Form of Contracts
Form of agreement
Letter of Acceptance
Offer Letter
General & Particular Conditions
FIDIC Red Book

Tendering & Procurement Route

Tendering Methods
Types of Tendering
Tender Documents
Procurement Types
Management Oriented Procurement
Construction management