YUSUF OZ FATIH BOLUKBAS HUSEYIN ANIL KARABULUT. A contract is a legally binding agreement between...

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YUSUF OZ FATIH BOLUKBAS HUSEYIN ANIL KARABULUT CONTENTS AND DOCUMENTS OF CONSTRUCTION CONTRACTS

Transcript of YUSUF OZ FATIH BOLUKBAS HUSEYIN ANIL KARABULUT. A contract is a legally binding agreement between...

Page 1: YUSUF OZ FATIH BOLUKBAS HUSEYIN ANIL KARABULUT. A contract is a legally binding agreement between two or more parties.

YUSUF OZ

FATIH BOLUKBAS

HUSEYIN ANIL KARABULUT

CONTENTS AND DOCUMENTS OF CONSTRUCTION CONTRACTS

Page 2: YUSUF OZ FATIH BOLUKBAS HUSEYIN ANIL KARABULUT. A contract is a legally binding agreement between two or more parties.

A contract is

a legally

binding agreement between

two or more parties.

Page 3: YUSUF OZ FATIH BOLUKBAS HUSEYIN ANIL KARABULUT. A contract is a legally binding agreement between two or more parties.

Contents of Contracts

Preamble

Introduction

Body

Boilerplate

Ending and Signatures

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Construction Contract’s Documents

1) Agreement

2) General Conditions

3) Supplementary Conditions

4) Technical Specifications

5) Drawings

6) Addendum

7) Bonds

8) Insurance

9) Contractor’s Bid or Proposal

10) Notice of Award

11) Notice to Proceed

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Agreement

The agreement is the main document used to signify and formalize the contract between the parties.

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General Conditions

The General Conditions are the legal standards for parties to promote fair and objective contractual stipulations.

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Supplementary Conditions

The Supplementary Conditions is the part of the Contract Documents where an Engineer or Owner can amend, modify, or supplement the articles of the standardized General Conditions.

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Technical specification

developed by the engineer or the architect of the project.

provided to give the contractor guidelines to follow during construction in conjunction with project design.

the type of material, pertinent material data, and performance requirements of the material placed in construction are stated.

do not dictate to the Contractor how to install the material.

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CSI

it was organized in 1948 to bring uniformity and standardization to construction industry during post war boom.

the foremost organization with regard to standard specifications not the only way to reach technical specification. CSI specs are divided in sixteen distinct and unique sections called Divisions.

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THE LIST OF CURRENT CSI DIVISIONS

Procurement and Contracting RequirementsGeneral RequirementsSite workConcreteMasonryMetalsWood, Plastics, and CompositesThermal and Moisture ProtectionDoors and WindowsFinishesSpecialtiesEquipmentFurnishingsSpecial ConstructionConveying SystemsMechanicalElectrical

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DRAWINGS

Basis for the project

Part of the agreement

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ADDENDUM

issued to modify, add or delete any part of the Contract Documents.

supersedes the information that it modifies, adds, or deletes.

facilitate adjustment to a Contractor’s bid.

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BONDS

Bonds are the legal documents that guarantee to an owner that the project will be completed , is

constructed properly, and all labour, material and equipment will be paid for in the event the Contractor defaults on the original contract.

Bonds include bid, performance, payment, maintenance instruments of security.

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BONDS

Bid bond : successful bidder will enter into the work

Performance bond: guarantees the owner that the project will be completed for the contract price.

Payment bond: guarantees the owner that all labour, equipment, materials will be paid.

Maintenance bond: guarantees the owner that any defects found after the work has been completed.

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INSURANCE

Carry insurance to protect the public and financial interests of the parties involved in the project.

The types of coverage and policy amounts can differ by project or owner.

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CONTRACTOR’S BID

A bid is the price proposed by a Contractor to complete the work described in a set of contract documents.

Bids are submitted in two formats: lump sum and unit price.

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CONTRACTOR’S BID

A lump sum bid is comprised of a total price to complete all of the work.

A unit price bid proposal is based on the designer’s interpretation of the major items of work and the quantity of each item.

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NOTICE OF AWARD AND NOTICE OF PROCEED

The Notice of Award is the written notice by the owner to the apparent successful bidder showing that the owner will sign the agreement.

The Notice to Proceed is a written notice from the owner to the Contractor that establishes the date on which the Contractor shall begin performing its duties and obligations.

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REFERENCES

• Standard General Conditions of the Construction Contract (Engineers' Joint Contract Documents Committee, 1983 Edition)

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THANK YOU…