Archive: Construction Contract Subscribe to Construction Contract
Types of Construction Contracts
While construction contracts serve as a means of pricing construction, they also structure the allocation of risk to the various parties involved. The owner has the sole power to decide what type of contract should be used for a specific facility...
Construction Contract
Definition of a construction contract
The term Contract used in the Construction management can be defined as: “An agreement entered into by two parties under the terms of which one party agrees to perform a specific job for which the...
Resolution of Construction Contract Disputes
Once a construction contract is reached, a variety of problems may emerge during the course of work. Disputes may arise over quality of work, over responsibility for delays, over appropriate payments due to changed conditions, or a multitude...