What is the standard form of construction contract in Singapore?

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.

What is JCT with or without quantities?

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.

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Construction Contract for Home - Fixed Fee or Cost Plus

Sia Building Contract 2016 Without Quantities In Utah

Q: What is JCT with or without quantities?

Contracts &#039;with quantities&#039; are priced on the basis of drawings and firm bills of quantities. &#039;Without quantities&#039; means a contract priced on the basis of drawings and usually another document, such as a specification or work schedules.

Category:

Construction - Contractors

State:

Multi-State

Control #:

US-00462

Format:

Instant download

Description

The Sia Building Contract 2016 without quantities in Utah serves as a legal agreement between a contractor and an owner for residential construction projects. This form outlines key aspects of the project, including the scope of work, which specifies the construction tasks to be performed and the materials to be used. It establishes the work site location and details the responsibilities regarding permits and regulatory approvals. The contract also addresses potential soil conditions and their impact on overall project costs, clarifying that the contractor is not liable for issues arising from these conditions. Insurance requirements, including general liability and builder's risk coverage, are mandated to protect both parties. The form allows for changes to the scope of work through written change orders, highlighting the importance of mutual agreement when modifications are necessary. Payment structures are flexible, offering options for cost-plus or fixed-fee arrangements. Late payment penalties and warranty provisions are also included, ensuring that both parties understand their rights and obligations. This contract is particularly useful for attorneys, partners, owners, associates, paralegals, and legal assistants, as it provides a comprehensive framework for managing construction projects and mitigating risks associated with construction agreements.

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FAQ

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.

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.

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.

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 agreements that employ standardised, non-negotiated provisions, usually in pre-printed forms. These are sometimes referred to as 'boilerplate contracts', 'contracts of adhesion', or 'take it or leave it' contracts.

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

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 employer must provide drawings together with a description of works, and either a specification or work schedules at tender stage. The project is generally not complex enough to require bills of quantities.

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.