CHECK THESE SAMPLES OF The Role of the Contract Administrator under a JCT Traditional Contract
On the other hand, in a design and build procurement, the role of an engineer is based on providing a performance specification, standards for material input and design which will be included in the Works Specification (NEC Contract, 2012).... This represents contractual relationships under a standard building procurement.... The client/employer is required to seek professional help for preparing a detailed statement of requirements before signing a contract with the contractor....
5 Pages
(1250 words)
Essay
However, in a PPP, the entirety of the contract, including post-construction management and maintenance, will be allocated to the private entity engaged in the construction phase.... However, with PPPs, rather than use individual agreements, the agreements are combined in a single contract, and one private entity is responsible for the provision of 'a flow of infrastructure services over time', as opposed to the construction of an infrastructure (Grimsey & Mervyn, 2007, p....
25 Pages
(6250 words)
Assignment
As a contract administrator you have been tasked to produce a report explaining how New Engineering Contracts 3rd Edition or NEC3 is a modernistic family of contracts of contracts.... The Client has had minimal prior knowledge about the New Engineering and Construction contract 3rd edition (NEC3) but has never used any of the NEC3 contracts for any of their projects.... According to New Engineering contract (2005), the principal feature of this cultural transformation is the complete abandonment of a hindsight dependent reactive management paradigm....
4 Pages
(1000 words)
Essay
The target cost contracts are relatively straightforward agreements in which the contract value is fixed, and the owner/developer knows what his cost will be.... This essay analyzes that the Target Cost contracting or also known as a Stipulated Sum contract is the type of contact where the contractor would come up with a fixed price or total cost of the work that he is going to perform.... This discussion talks that the GMP contract is offered or bided exactly the same as the target contract; it is in this sense that the contractor assumes the same risk because he has to put on certain expense and risk that he cannot charge to the project, but a split risk in a sense that in case of total budget exceeds....
16 Pages
(4000 words)
Essay
Present paper 'Baytree Plc - Revenue Generating Project' presents various procurement techniques for a new project for Baytree Plc.... promoting retail and leisure business.... The proposed company's draft carries the development of a new Motorway Services Area (MSA) in the north of England.... ....
25 Pages
(6250 words)
Research Paper
This paper describes the specific type of construction contracts, the Bespoke Contracts; also explored in this paper is the difference between the Bespoke Contracts and the other construction contracts in regard to the allocation of risk.... ... ... ... Like in all forms of contracts, the effectiveness of Bespoke Contracts is related with the conditions of the organizational environment – referring also to the willingness of the parties to meet their obligations as these are defined in their agreement but they are also described in the relevant legal texts, mostly the Construction....
12 Pages
(3000 words)
Term Paper
A contract is a good way to get good quality work as no one would take the risk of breaching the contract.... Today, the handshake would rather be left as a formality after signing the contract.... the contract can be written or verbal depending upon the scale of the deal.... the contract is the formal agreement for construction work such as repairing, building or altering.... Also, the paper analyses the significance and benefits of the construction contract....
11 Pages
(2750 words)
Research Paper
The utilization of NEC in construction projects is gaining pace and was the contract of choice for the 2012 London Olympics.... "An Analysis of Two Engineering Forms of contract" paper states that according to many contractors' opinions NEC has most likely benefits as compared to FIDIC significantly in characteristics such as clarity, flexibility, precisely communicated project management processes, cooperation and teamwork.... FIDIC is drafted as a turnkey contract....
12 Pages
(3000 words)
Coursework