There are three main types of contract that use the SIA Conditions, namely: the Lump Sum Contract; Measurement Contract; and. Minor Works Contract.
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.
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 term 'without quantities' refers to a construction contract or tender documents that do not include specific measured quantities of the items of work identified by the drawings and specifications. It can be used on projects where it is not possible to prepare a bill of quantities (BOQ) at the time of tendering.
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.
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.
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 RIAI (Royal Institute of Architects of Ireland) blue form contract is a standard form of contract used in construction projects in Ireland. The form consists of several sections that need to be completed by the parties involved in the contract.
The term 'without quantities' refers to a construction contract or tender documents that do not include specific measured quantities of the items of work identified by the drawings and specifications. It can be used on projects where it is not possible to prepare a bill of quantities (BOQ) at the time of tendering.