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Published byBelinda Long Modified over 9 years ago
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University of Calgary Continuing Education Construction Contract Law and Documents Week 9 Review of Law Standard Contract Documents
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Review of Law Sovereignty – Common Law Courts Source of Authority Structure Jurisdiction Contracts Formation Offer, Acceptance, Consideration Requirements Consensus ad idem Capacity
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Review of Law Tender Law Owner Obligations Contractor Obligations Subcontractor Obligations
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Standard Contracts Purpose of a contract Define duties and responsibilities of parties Apportion risk between parties Not A list of procedures Setting the stage for litigation One-sided – designed to give one party the advantage Contra Proferentum
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Contract Terms Examples of Terms Scope Price Others??
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Standard Contracts Why use standard contracts? Consistency Standard Industry Terms
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Standard Contracts Advantages Cheaper Common, well used terms Tested in court Useful as a checklist
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Standard Contracts Disadvantages Nobody reads them Reluctance to change them by consultants “All things to all men” (persons) Project Specific Requirements
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Standard Contracts Exercise (3 groups – 10 minutes) Write up a contract between an Owner and a Drywall Contractor to do the drywall for a 3 storey commercial building
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Standard Contract Contract – Owner – Drywall Contractor What are essential components of a contract?
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Standard Contract Contract – Owner – Drywall Contractor Essential Components Name Parties Date Signatures & Seals or witnesses Terms
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Standard Contract Terms Scope of work Price What else? Each group to draft ? Terms ½ Hour to prepare contract
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Standard Contract Review Contract
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Standard Contract Did you remember… Payment clause Jurisdiction Law to be applied Dispute Resolution Liquidated Damages Coordinate with lien legislation – holdback Bankruptcy
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Standard Contract Review of CCDC 2
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CCDC 2 – Stipulated Price Structure Contract Who does what to whom Definitions General Conditions Details
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CCDC 2 Contract Definitions
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CCDC 2 – General Conditions 1 – GeneralGeneral 2 – AdministrationAdministration 3 – Execution of WorkExecution of Work 4 – AllowancesAllowances 5 – PaymentPayment 6 – ChangesChanges
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CCDC 2 – General Conditions (Contd) 7 – Default NoticeDefault Notice 8 – Dispute ResolutionDispute Resolution 9 – Protection of Persons and PropertyProtection of Persons and Property 10 – Governing RegulationsGoverning Regulations 11 – InsuranceInsurance 12 – Indemnification, Waiver, WarrantyIndemnification, Waiver, Warranty
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