The standard conditions of contract are a general contract binding on all parties engaged in construction projects. The terms and conditions are commonly applicable to all parties and are not subject to variation through contractual dealings between the parties.
The standard conditions govern matters like the responsibility of the contractor, powers and duties of the consultant/engineer and detailed procedures for effective performance of the contract according to the technical specifications. It also provides general rules regarding materials workmanship, general time provisions for commencement of work and delays, modification of contract, time and mode of payment for work done by the contractor etc.
The standard conditions govern matters like the responsibility of the contractor, powers and duties of the consultant/engineer and detailed procedures for effective performance of the contract according to the technical specifications. It also provides general rules regarding materials workmanship, general time provisions for commencement of work and delays, modification of contract, time and mode of payment for work done by the contractor etc.
ALL PARTIES means including sub-contractor? Does it applicable to them?
ReplyDeleteA standard form of Contract is a contract published by normally one of the professional bodies or contractors organisations for use in construction or similar works. Similarly there are standard forms of Sub-Contract in response to the query above. As the logo on the blog implies FIDIC are an example of a professional body which publishes a number of standard forms for use in various scenarios. The statement that the content of these standard forms is not subject to amendment by the parties may be a little misleading and it is very common practice for these standard forms to have amendments made to them prior to execution. Indeed the FIDIC suite of standard forms, ie RED, ORANGE YELLOW, GREEN, BLUE, SILVER, etc specifically cater for their amendment by the inclusion of particular conditions which have a higher priority than the terms and conditions contained in the standard forms themselves.
ReplyDelete