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RIBA Professional Services and Building Contracts are the legal documents produced between an architect or contractor and their client.
There are several types of construction contracts, but the most common include four primary types: Stipulated Sum Contract, Cost Plus Contract, Design-Build Contract, and Integrated Project Delivery Contract.
The four main types include residential, commercial, industrial and infrastructure construction, but there are other types of construction as well as different ways to classify them, such as by sector, owner, occupancy or fire resistance.
4 Types of Construction Contracts Lump-Sum Contracts. Cost-Plus-Fee Contracts. Guaranteed Maximum Price Contracts. Unit-Price Contracts.
The JCT HO/O is best for simpler projects, but if you plan to appoint specific companies for tasks like a low energy heating system or specialist glazing, the RIBA DBC is preferable as it accommodates their involvement. The JCT HO/O does not offer this flexibility.
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10 Different Types of Contracts Type of ContractEveryday Use Implied Contracts Common in everyday transactions like dining out. Express Contracts Standard in formal business agreements. Simple Contracts Used for straightforward services or transactions. Unconscionable Contracts Often challenged in court for fairness.10 more rows Jul 18, 2024
5 elements to include in a construction contract Scope of the project. The phrase scope of work is often too generic when referring to the expectations of the work performed. Total cost and payment requirements. Project timeline. Lien law protection. Dispute resolution.

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