Construction Contracts In Uk In Chicago
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The RIBA contract is equivalent to the JCT Home Owner Occupier as it is used for light, non complex works. It does not contain insurance options, but instead lists the insurance requirements.
Typically, requirements include: Accounts for the last 2 years. Insurance certificates. Health and safety policy. Quality assurance policy. Environmental policy. Equal opportunities policy. Organisation structure chart. CHAS, Constructionline, SafeContractor industry accreditations.
The 'main contract' is generally that which is awarded by the client (sometimes referred to as the employer) to the general contractor, or main contractor, whose tender has been accepted.
The JCT Standard Building Contract is designed for large or complex construction projects where detailed contract provisions are needed. Standard Building Contracts are suitable for projects procured via the traditional or conventional method.
Most EPCs subcontract out a portion of their work. Many of them subcontract most if not all. The most common subcontracts are specialty trades or supply equipment packages (vendor installed). An EPC can execute entirely as a General Contractor (GC), but the ability to self-perform is typically advantageous.
JCT contracts are the most commonly used in the UK, especially for building projects. They come in several forms, each designed for different project needs: Standard building contract. The standard building contract is intended for larger, more complex projects where detailed contract provisions are necessary.
Contracts Finder lets you search for information about contracts worth over £12,000 (including VAT) with the government and its agencies. You can use Contracts Finder to: search for contract opportunities in different sectors. find out what's coming up in the future.
