Professional Documents
Culture Documents
and Contracts
Ch. 12 Forming Engineering and Construction
Contracts
INTRODUCTION
INTRODUCTION
Scope of Work
Owners
Designers
Contractors
Construction managers
Sureties
The labor force
Single prime
Separate prime
Construction management
Design/build
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Fraud
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Statute of frauds
Statute of frauds (law) requires that contracts be in
writing if they are for a purchase or product that cost
more than a certain amount of money that is set in each
state ($500 to $5000).
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Statute of frauds
Land contracts must have to be in writing and
registered with the Local Govt. / district /
county where the property is located.
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Privity
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Negotiated contracts
Payment by Man-hours
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Construction Contracts
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Unit price
Lump sum
Cost plus a percentage of the cost
Cost plus a fixed fee or a fixed sum
Broker
Unilateral and bilateral (In unilateral, one party has to deliver
such as construction contracts; Bilateral both parties have to
deliver such as marriage contract)
Express and implied
Joint and several (Every party has the obligation, not just their
pro rata basis, parties could be sued together or individually).
Void and voidable (not legal or against public policy; signed by
minor, incompetent, signed under duress)
Subcontracts
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Reading
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Thank You
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