UniMelb

Semester 2, 2017


H1 - Summarised Semester Notes

18 pages

4,931 words

$34.00

5

Description

1 Forms Of Construction Contract 4
Fixed Price Contracts 4
Description 4
Contract Sum Alterations 4
Fixed Price Contracts Vs Turnkey Contracts 4
Cost Plus 4
Description 4
Benefits 4
Cost Controls 5
Design & Construct Contract/Design Build Operate 5
Description 5
Benefits 5
Risks 5
Warranties 6
Perceived Disadvantages Of Not Doing A D&C 6
Design Build Operate Contract 6
Description 6
Contractor’s Obligations 6
Principal’s Obligations 6
Security 7
Design 7
Quality Assurance 7
Definitions 7
Project Management Agreement 8
Construction Management Agreement 8
Managing Contractor Contract 8
Warranted Maximum Price Contract 8
Alliance Contract 8
Build Own Operate Transfer (Boot) / Ppp Project 8
2 Contract Conditions/The Super Intendent 9
Standard Form General Conditions Of Contract 9
Tenders 9
Superintendent 9
3 Payment/Security 10
Progress Claim 10
Progress Certificate 10
Progress Payment 10
Valuation Of Progress Claims 10
Bill Of Quantities/Fixed Price/Schedule Of Rates 10
Cash Retention/Bank Guarantee 11
Security By Principal (Principal Provides Security To Contractor) 12
Protection For Principal 12
Protection For Contractor 12
Variations 12
Payment For Variations Without Written Instruction 12
Valuation Of Variations 13
Payment Claim/Payment Schedule 13
4 Quality/Insurance/Default/Termination 14
Contract Requirements 14
Quality Requirements In Contract Documents 14
Implied Terms 14
Codes 14
Defects 14
Judgment Of The Superintendent 14
Direction To Remedy 14
Quality Assurance 14
Nature Of Programs 14
Contractual Requirement To Comply 15
Defects Liability Period 15
Obligation And Privilege Of The Contractor 15
Failure To Rectify/Rectification By Principal 15
Liability For Defects After Defects Liability Period 15
Care Of The Works 15
Construction Insurance 15
Who Effects The Insurance? - Principal Or Contractor? 15
Default/Termination 16
Default By The Contractor 16
Default By The Principal 16
5 Contract Dispute Resolution & Negotiation 17
Litigation 17
Process 17
Commercial Arbitration 17
Process 17
Expert Determination 18
Process 18

Author

Shane

Campus

UniMelb, Parkville

Member since

August 2017