Sia Building Contract 2016 Without Quantities In Broward

State:
Multi-State
County:
Broward
Control #:
US-00462
Format:
Word; 
Rich Text
Instant download

Description

The Sia Building Contract 2016 without quantities in Broward is a detailed agreement between a contractor and an owner for constructing a residential project. It outlines the scope of work, specifying that the contractor must provide all labor and materials based on selected plans and specifications. The contract places responsibility for obtaining necessary permits on the contractor and clarifies that soil conditions at the work site are not the contractor's liability, with extra work required due to soil issues being at the owner's expense. Insurance requirements, including general liability and workers compensation, are mandated for the contractor. The agreement allows owners to request changes to the project scope via written change orders, with the owner responsible for any additional costs incurred. Payment structures can be established as either cost-plus or fixed-fee arrangements. Late payment provisions are included, imposing charges for delayed payments. Finally, the contractor offers a one-year warranty on workmanship, with material warranties being assigned to the owner from manufacturers. This form is useful for attorneys, partners, owners, associates, paralegals, and legal assistants by providing a structured and clear framework for managing construction projects, ensuring compliance with local regulations, and outlining the rights and responsibilities of both parties.
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  • Preview Construction Contract for Home - Fixed Fee or Cost Plus
  • Preview Construction Contract for Home - Fixed Fee or Cost Plus

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FAQ

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 •

The most commonly used standard forms of contract in Singapore are the Singapore Institute of Architects (“SIA”), Real Estate Developers' Association of Singapore (“REDAS”) and Public Sector Standard Conditions of Contract (“PSSCOC”) standard form contracts.

There are three main types of contract that use the SIA Conditions, namely: the Lump Sum Contract; Measurement Contract; and. Minor Works Contract.

What is a standard form contract? While many contracts are entirely purpose made, standard form contracts consist of standardised, pre-written terms and conditions. Because standard form contracts are familiar to people in an industry, they often function effectively without the need for much negotiation.

One of the unique features of the Singapore Institute of Architects Articles and Conditions of Building Contract (“the SIA Contract”) is that the contractor is assured of periodic valuation of works carried out and amounts expressed to be payable in the interim certificates.

On the basis of formation, the types of contracts are express contracts, quasi-contract, implied contracts, and E-contract. Based on performance, contract types are executed contracts, unilateral contracts, executory contracts, and bilateral contracts.

The most commonly used standard forms of contract in Singapore are the Singapore Institute of Architects (“SIA”), Real Estate Developers' Association of Singapore (“REDAS”) and Public Sector Standard Conditions of Contract (“PSSCOC”) standard form contracts.

A standard form contract will typically be one prepared by one party to the contract and not negotiated between the parties—it is offered on a 'take it or leave it' basis.

Standard-form contracts are pre-drafted templates with standard terms and conditions popular in similar transactions. By using a standard form, parties can save time and resources negotiating individual contract terms. It can be especially beneficial in industries with frequent transactions and similar terms.

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Sia Building Contract 2016 Without Quantities In Broward