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Akitek1
Joined: 20 Oct 2004
Posts: 16
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 Posted: Wed Nov 03, 2004 9:49 am Post subject: Standard Contract |
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what are the advantages of using a standard contract prepared by professional bodies?
Arkitek |
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RWL
Joined: 10 May 2004
Posts: 399
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| Posted: Wed Nov 03, 2004 12:35 pm Post subject: |
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1. Well researched
2. Well discussed and reviewed by many differing bodies in construction industry.
3. Legally reviewed and deemed fiar and sound
4. Complete and consistent
5. Saves time and worry about writing contracts [something design professioals should NOT be doing anyway].
6. Interrelated to the other standrd documents-- general conditions, etc.
7. Comprehsnive/all-inclusive
8. In use for long period of time-- time tested
9. Good added service for clients |
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EdChew
Joined: 26 Aug 2004
Posts: 22
Location: Nirvana
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| Posted: Mon Nov 08, 2004 9:22 pm Post subject: |
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The following are the advantages:
1 Standard Contract Documents are produced with the consensus of
many parties involved in the construction industry.
2 Contractors are more confident to bid on a project that uses a standard
contract document as they are more familiar with it.
3 Standard Contract Documents are flexible and can be easily modified to
accommodate your needs.
4 Standard Contract Documents are regularly revised to accommodate
changes in the construction industry.
5 Standard Contract Documents uses less legal jargon so that they are
more comprehensible to the laypersons.
_________________
EdChew
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Architorture
millennium club
Joined: 31 Jul 2004
Posts: 1376
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| Posted: Mon Nov 08, 2004 10:46 pm Post subject: |
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| they have precident in courts...no guess work when something come to litigation |
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