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CONSTRUCTION CONTRACTS ASSIGNMENT
ABIN BABU ,PRASANTH K ,ANAND PREMNATH, AJAS SUNIL,VANAMA PHANINDRA
MBA (CEQS)
GROUP 1
FIDIC
• INTERNATIONAL FEDERATION OF CONSULTING ENGINEERS
• BEST KNOWN FOR RANGE OF STANDARD CONDITIONS OF CONTRACT
FOR CONSTRUCTION , PLANT AND DESIGN INDUSTRIES
• FIDIC RAINBOW SUITES
• RED BOOK
• YELLOW BOOK
• SILVER BOOK
• GREEN BOOK
FIDIC (CONTD)
• BASIC PRINCIPLE IS CONTRACT MUST PROVIDE A FAIR ALLOCATION
OF RISK BETWEEN THE PARTIES TO A CONTRACT AND THE RSIK
SHOULD BE BORNE BY A PARTY BEST ABLE TO CONTROL
• CONTENTS
• GENERAL CONDITIONS
• GUIDENCE FOR PREPARATION OF PARTICULAR CONDITION
• FORM OF TENDER AND CONTRACT AGREEMENT
• DISPUTE ADJUDICATION AGREEMENT
FIDIC DEFINES
• ROLES OF ENGINEER
• CLAIMS
• VARIATIONS
• CONTRACTORS OBLIGATIONS
• DELAYS AND EXTENSION OF TIME
• DISPUTE RESOLUTION
• RECORD KEEPING
JCT(JOINT CONTRACT TRIBUNAL )
• BRITISH BASED
• FORMED BY 7 MEMBER COMMITTEE
• JCT SUITE OF CONTRACTS -2011
SBC D&B MP
INTERM
EDIATE
CONTR
ACTS
MINOR
WORKS
FRAME
WORK
DESIGN & BUILD
• POPULAR FORM OF JCT SUITE
• LARGE COMPLEX CONSTRUCTION PROJECTS
• CONTRACTOR WILL DESIGN THE WORK BASED ON THE
REQUIREMENTS GIVEN BY EMPLOYER
• THE CONTRACTOR WILL PRODUCE CONTRACTORS PROPOSAL
• CONTRACTOR WILL CARRY OUT WORK FOR LUMPSUM
STANDARD BUILDING CONTRACT
• TRADITIONAL CONTRACTING
• CONTRACTOR WONT INVOLVE IN ANY DESIGN
• WORK WILL BE DESCRIBED AS PER DRAWINGS PREPARED AND GIVEN
TO CONTRACTOR BY EMPLOYER
• 3 FORMS
• SBC /Q
• SBC/XQ
• SBC/AQ
MAJOR PROJECT CONSTRUCTION
• LARGEST DESIGN & BUILD PROJECTS ALL BUILD BY ONE CONTRACT
• SHORTER THAN DB ,BUT MORE FLEXIBLE
• SUITABLE WHEN PARTIES ARE
• EXPERIENCED IN UNDERTAKING LARGE SCALE CONSTRUCTION WORK
• FAMILIAR WITH RISK MANAGEMENT
• HAVE APPROPRIATE IN HOUSE CONTRACTUAL PROCEDURES
STANDARD FORMAT OF JCT
• ARTICLE OF AGREEMENT
• CONTRACT PARTICULARS
• CONDITIONS OF CONTRACT
• SCHEDULES
NEC (NEW ENGINEERING CONTRACT)
• CREATED BY INSTITUTION OF CIVIL ENGINEERS
• 3 EDITIONS
• NEC 1- 1993
• NEC 2 -1995
• NEC3 - 2005
UNDERLYING PRICIPLES OF NEC3
• CLARITY & SIMPLICITY
• STIMULUS TO GOOD MANAGEMENT
• FLEXIBILITY STRUCTURE OF
NEC3
CORE CLAUSES MAIN OPTIONS
DISPUTE
RESOLUTION
SECONDARY
OPTION
CONTRACT
DATA
Z CLAUSES
COMPARISON
COMPARISON
COMPARISON
COMPARISON
THANK YOU

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fidic , jct and nec contracts

  • 1. CONSTRUCTION CONTRACTS ASSIGNMENT ABIN BABU ,PRASANTH K ,ANAND PREMNATH, AJAS SUNIL,VANAMA PHANINDRA MBA (CEQS) GROUP 1
  • 2. FIDIC • INTERNATIONAL FEDERATION OF CONSULTING ENGINEERS • BEST KNOWN FOR RANGE OF STANDARD CONDITIONS OF CONTRACT FOR CONSTRUCTION , PLANT AND DESIGN INDUSTRIES • FIDIC RAINBOW SUITES • RED BOOK • YELLOW BOOK • SILVER BOOK • GREEN BOOK
  • 3. FIDIC (CONTD) • BASIC PRINCIPLE IS CONTRACT MUST PROVIDE A FAIR ALLOCATION OF RISK BETWEEN THE PARTIES TO A CONTRACT AND THE RSIK SHOULD BE BORNE BY A PARTY BEST ABLE TO CONTROL • CONTENTS • GENERAL CONDITIONS • GUIDENCE FOR PREPARATION OF PARTICULAR CONDITION • FORM OF TENDER AND CONTRACT AGREEMENT • DISPUTE ADJUDICATION AGREEMENT
  • 4. FIDIC DEFINES • ROLES OF ENGINEER • CLAIMS • VARIATIONS • CONTRACTORS OBLIGATIONS • DELAYS AND EXTENSION OF TIME • DISPUTE RESOLUTION • RECORD KEEPING
  • 5. JCT(JOINT CONTRACT TRIBUNAL ) • BRITISH BASED • FORMED BY 7 MEMBER COMMITTEE • JCT SUITE OF CONTRACTS -2011 SBC D&B MP INTERM EDIATE CONTR ACTS MINOR WORKS FRAME WORK
  • 6. DESIGN & BUILD • POPULAR FORM OF JCT SUITE • LARGE COMPLEX CONSTRUCTION PROJECTS • CONTRACTOR WILL DESIGN THE WORK BASED ON THE REQUIREMENTS GIVEN BY EMPLOYER • THE CONTRACTOR WILL PRODUCE CONTRACTORS PROPOSAL • CONTRACTOR WILL CARRY OUT WORK FOR LUMPSUM
  • 7. STANDARD BUILDING CONTRACT • TRADITIONAL CONTRACTING • CONTRACTOR WONT INVOLVE IN ANY DESIGN • WORK WILL BE DESCRIBED AS PER DRAWINGS PREPARED AND GIVEN TO CONTRACTOR BY EMPLOYER • 3 FORMS • SBC /Q • SBC/XQ • SBC/AQ
  • 8. MAJOR PROJECT CONSTRUCTION • LARGEST DESIGN & BUILD PROJECTS ALL BUILD BY ONE CONTRACT • SHORTER THAN DB ,BUT MORE FLEXIBLE • SUITABLE WHEN PARTIES ARE • EXPERIENCED IN UNDERTAKING LARGE SCALE CONSTRUCTION WORK • FAMILIAR WITH RISK MANAGEMENT • HAVE APPROPRIATE IN HOUSE CONTRACTUAL PROCEDURES
  • 9. STANDARD FORMAT OF JCT • ARTICLE OF AGREEMENT • CONTRACT PARTICULARS • CONDITIONS OF CONTRACT • SCHEDULES
  • 10. NEC (NEW ENGINEERING CONTRACT) • CREATED BY INSTITUTION OF CIVIL ENGINEERS • 3 EDITIONS • NEC 1- 1993 • NEC 2 -1995 • NEC3 - 2005
  • 11. UNDERLYING PRICIPLES OF NEC3 • CLARITY & SIMPLICITY • STIMULUS TO GOOD MANAGEMENT • FLEXIBILITY STRUCTURE OF NEC3 CORE CLAUSES MAIN OPTIONS DISPUTE RESOLUTION SECONDARY OPTION CONTRACT DATA Z CLAUSES