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Construction contract documents define the basis of the contract including both parties' roles, responsibilities, and detailed description of the work or service such as drawings, specifications, procedures, any other conditions, etc.
Lump Sum or Fixed Price Contract. Measurement contract. Turnkey Contract. Design and Build. Cost Plus Contracts. Unit Price Contracts. Time and Material Contracts. Item rate contract.
Engineering contracts are legal agreements between a business and an engineering company detailing services promised, and payment for those services.
Get it in writing. Keep it simple. Deal with the right person. Identify each party correctly. Spell out all of the details. Specify payment obligations. Agree on circumstances that terminate the contract. Agree on a way to resolve disputes.
The following are the various types of contracts,for execution of civil engineering works: Lump Sum or Fixed Price Contract. Measurement contract. Turnkey Contract.
A contract is an agreement between two entities or individuals, which serves as legal protection for both parties involved in a potential business deal.Two different kinds of groups of contracts are fixed price contracts and cost-reimbursement contracts.
Contract drawings and specifications. Priced bill of quantities. Construction programme. Project quality management plan. Project health and safety plan. Conditions of contract. Risk insurance.
F09e Contract: It is an undertaking by a firm or a person to do any work under certain terms and conditions.f09e Contractor: A person or a firm who undertakes any type of contract.
For this article, a contract engineer" is a temporary employee hired for a specific length of time, usually a year or less, to perform a specific job, with defined start and end dates.At that time, the employee will negotiate a total salary and benefits package, which should exceed the previous contract salary.