Jct Standard Building Contract With Quantities In Michigan
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Contracts 'with quantities' are priced on the basis of drawings and firm bills of quantities. 'Without quantities' means a contract priced on the basis of drawings and usually another document, such as a specification or work schedules.
Drawbacks of Long-Term Contracts: Lack of Flexibility: Long-term contracts limit the flexibility of property owners to make changes to their management arrangements. Risk of Poor Performance: Long-term contracts can create complacency on the part of the management company, knowing that the owner is bound by contract.
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.
Michigan construction contract requirements Only residential construction contracts are regulated in Michigan. Such contracts must be in writing, include the contractor's license number (if a license is required), and cite the statute that requires the contractor to be licensed for their particular trade.
JCT provides separate contracts for employer-design or contractor-design. NEC allows for employer- design, contractor-design or part and part, simply by expressing in the works information what design the contractor is obliged to carry out.
JCT contracts are written in complex legal language. This makes them difficult to understand without specialised knowledge. The problem with using complex language is that the meaning can be unclear to anyone without a legal background. This can lead to misunderstandings, especially during disputes.
The JCT provides the customer with peace of mind, as they know that all eventualities are covered in the contract. Furthermore, the design ensures that the agreement provisions are comprehensive and cover most of the dangers surrounding the construction industry.
Clause 4.11 – In the event of non-payment or non-compliance with the above-mentioned Clauses, the Contractor has the right to suspend works and the process for doing so is explained in this Clause.
