question archive Question 1: Provide the differentiating characteristics of the following types of contract and outline situations where they each may be considered suitable for use on a 'construct only' project
Question 1: Provide the differentiating characteristics of the following types of contract and outline situations where they each may be considered suitable for use on a 'construct only' project
Subject:ManagementPrice: Bought3
Question 1: Provide the differentiating characteristics of the following types of contract and outline situations where they each may be considered suitable for use on a 'construct only' project. Refer your response to the needs of both the Client and Contractor, considering how the type of contract might affect them:
- Bespoke Contract
- Tailored Contract
- Standard Form of Building Contract
Of the three contract types listed above, which is the most commonly seen type (judged by number of projects); AND which type sees the highest value of work? Suggest a reason for this distribution.
Question 2:
Standard Forms of Contract
What is an obvious advantage of using a standard form of contract for the novice (inexperienced) client and how would the AS 4000 provide these advantages to a medium-sized low-tech development.
How does application of the terms, conditions and process upon which the AS 4000 is administered benefit the project and the parties to the project?
