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Got questions?

Below are some common questions from our customers that may provide you with the answer you're looking for. If you can't find an answer to your question, please don't hesitate to reach out to us.

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What are the 5 essential elements of a construction contract?

There are five key components you need to address in each construction contract as a protection against legal trouble. Scope of the project. Total cost and payment requirements. Project timeline. Lien law protection. Dispute resolution.

What are the 4 types of construction contracts?

That said, its important to understand that there are four main types of construction contracts between GCs and subs: Fixed price/lump sum. Time and materials. Cost-plus. Unit price contract.

What is the difference between Jbcc and Fidic contracts?

JBCC contracts are used in a wide range of projects, from small renovations to large-scale construction projects. Whilst FIDIC, NEC and GCC are forms of contract that can be used on all types of engineering and construction contracts, JBCC Contracts are confined to construction/building works.

What is the difference between Jbcc and FIDIC?

Whilst FIDIC, NEC and GCC are forms of contract that can be used on all types of engineering and construction contracts, JBCC Contracts are confined to construction/building works.

What is a FIDIC contract?

The FIDIC suite of contracts. The FIDIC suite of construction contracts is written and published by the International Federation of Consulting Engineers. The FIDIC acronym stands for the French version of the Federations name (Federation Internationale des Ingenieurs-Conseil).

Are FIDIC contracts used in the US?

FIDIC document are by the Fdration Internationale Des Ingnieurs-Conseils. Although well-known internationally, FIDIC forms of contract are rarely used in the United States.

How do you write a simple construction contract?

Below are the main terms a construction contract should usually include: Full name, address, and contact details of the contractor and owner. A legal description and address of the worksite. The dispute resolution process. Contract price and payment terms. Contract documents. Work schedule and starting and completion dates.

What should be included in a contract with a contractor?

A contract should contain everything agreed upon by you and your licensed contractor. It should detail the work, price, when payments will be made, who gets the necessary building permits, and when the job will be finished. The contract also must identify the contractor, and give their address and license number.

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