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Generally, there are three different types of construction specifications found in contracts: prescriptive specifications, performance specifications, and proprietary specifications.
Basically, two sets of construction documents are created with every fine detail included in them. One of them will be used to obtain the building permit while the latter will be used by the contractors to get the design built. It is a common practice to create the permit set prior to the construction set.
Some common kinds of construction documents include: Bidding documents. Architectural drawings. Schedules. Work orders. Safety reports. Certificates of insurance. Subcontractor applications.
4 Types of Construction Contracts Lump-Sum Contracts. Cost-Plus-Fee Contracts. Guaranteed Maximum Price Contracts. Unit-Price Contracts.
For a contract to be valid and recognized by the common law, it must include certain elements offer, acceptance, consideration, intention to create legal relations, authority and capacity, and certainty. Without these elements, a contract is not legally binding and may not be enforced by the courts.
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There are three primary types of specifications: proprietary, performance and prescriptive.
The Construction Documents contain contract forms, conditions of the contract, specifications, and drawings. Bidding requirements are also produced during this phase. Stringent contractor qualifications are delineated, ensuring that only contractors with a proven track record will be prequalified to bid.
There are 7 essential elements an agreement must have to be considered a valid contract. The elements of a contract include identification, offer, acceptance, consideration, meeting of the minds, competency and capacity, and legality. Preferably, the document will be in writing.
What makes a contract legally binding? For a contract to be legally binding and enforceable, consideration must be exchanged. A legally enforceable contract can either be written or oral. However, depending on the nature of the transaction, some contracts might need to be written down to be enforceable.
6 Essential Elements of a Contract Offer. Acceptance. Awareness. Consideration. Capacity. Legality.

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