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You will prepare and submit a term paper on Construction Contracts. Your paper should be a minimum of 1500 words in length.
You will prepare and submit a term paper on Construction Contracts. Your paper should be a minimum of 1500 words in length. One very important change is that the nomination for sub-contractors has been discarded. This will mean that the whole project will be the sole responsibility of the contractor. Hence, it will not matter if certain segments of the undertaking are passed on to other outside parties or agencies. Also, there will be minimal arguments to expect in the interpretation of the contract because the new JCT2005 is written in plain simple English and the major parts are segregated from one another in sections. Actually, the vital components and characteristics of the contents are retained except that the presentation has become less complicated or complex. Furthermore, certain terminologies have to be renamed to suit the real spirit intended by the parties. If there is a mutual agreement to have an overseer for the works, the title is now called Architect/Contract Administrator instead of just an Architect. Extension of Time is now termed Adjustment to the Completion Date. In case of a decision to suspend payment, the notice of withholding can only be done by the employer or the client. It can no longer be a part of the job of the Architect/Contract Administrator.