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understanding construction contracts is essential for anyone involved in the construction industry these contracts establish the legal and Commercial framework for projects manage risks and set expectations for all parties involved hello everyone and welcome back to civil mentors in todays episode we will cover the basics and types of construction contracts as well as best practices and negotiation tips to ensure project success whether you are a seasoned professional or just starting in the construction field the insights provided in this video will be valuable by the end you will have a clear understanding of the different types of contracts and their implications allowing you to navigate the legal and Commercial framework of any project with confidence so without further Ado lets get started before we dive into the specifics lets first understand what a contract is a contract is a legally binding agreement between two or more parties defining the terms and conditions under which
