Jct Standard Building Contract With Quantities In Oakland

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

Description

The Jct standard building contract with quantities in Oakland is a comprehensive agreement between a contractor and an owner for the construction of a residential project. The contract outlines crucial elements such as the scope of work, specific site details, and responsibilities related to permits and soil conditions. Notably, it details the mechanisms for handling changes in scope and variations in costs, allowing owners to make adjustments as necessary through formal change orders. Payment terms are clearly defined, with options for cost-plus or fixed fee agreements, helping to ensure transparency in financial obligations. Additionally, the contractor's insurance responsibilities and warranty limitations are explicitly stated, protecting both parties' interests. This contract is designed for a variety of users, including attorneys who may need to review or draft the agreement, partners and owners involved in project management, as well as associates and paralegals assisting in contract preparation or negotiation. Legal assistants can benefit from the structured format, which simplifies the filling and editing process while addressing common use cases in residential construction projects.
Free preview
  • Preview Construction Contract for Home - Fixed Fee or Cost Plus
  • Preview Construction Contract for Home - Fixed Fee or Cost Plus

Form popularity

FAQ

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.

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.

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.

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.

JCT contracts are known for being highly prescriptive. Although the standardised format may provide clarity, it can also limit flexibility. Each JCT contract is structured around a specific set of terms and clauses, which may not suit every project's unique needs or challenges.

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.

Bilateral contracts are agreements in which both parties exchange mutual promises to perform certain obligations, making this type of contract the most common in business transactions.

Broadly speaking, the JCT contract centres on liabilities and risk in the way a traditional contract would, whereas NEC commands and enables a proactive and collaborative approach to managing the contract. It is critical to understand the details of both contract types to assess their benefits and disadvantages.

The main types of contract used in the UK are the Standard Building Contract, the Design and Build Contract and the Minor Works Building Contract, but the contract you need will of course be completely dependent on the nature of your project.

Trusted and secure by over 3 million people of the world’s leading companies

Jct Standard Building Contract With Quantities In Oakland