Construction Contract Law: Obligations, JCT Contracts, Compensation Events

CONSTRUCTION
CONTRACT LAW

Table of Contents
Question 1........................................................................................................................................2
Questions 2.......................................................................................................................................2
Question 4........................................................................................................................................3
Question 6........................................................................................................................................3
REFERENCES................................................................................................................................5

Question 1
Contract conditions set principal legal relationship between parties to construction
projects, determining allocation of the risks and price consequently. Contract reperesent entire
and the integrated agreements between parties and superseded the prior representations,
negotiations or agreements either oral or written. Contract could be modified or amended only
through modification.
Contractual obligations of client
Under the construction contract client has the obligation to provide the funds to the
contractors timely as agreed by the contract. At the end of construction contract they are also
required to accept the property within the time. Clients are under obligations to accept the
property within the time scheduled and make payment for full at time of completion.
Contractual obligation of the Contractor
The contractor has to complete the construction within agreed period of time or date . It
has to provide the report for progress of works in the time specified. Failure of this will make
contractor liable to pay for the damages. Contracts have to intimate in advance if extension of
time is required for completion of contract citing the reasons of such extensions. Also the work
has to be initiated within reasonable time from the start of contract (Alves, and Shah, 2018.).
The contract has to state the progress of work to clients whenever asked by them. If the work is
not progressed within the reasonable time clients may cause the contractor to pay damages.
Questions 2
JCT are the standard form of contract that is traditional form of the contract. JCT
maintains traditional approach which concentrates over transfer of the risks and liabilities under
contract. Jct contracts include payment of fixed price for lumpsum contract and contains the
provisional sums. In the JCT contacts there could be cost scrutiny via contract sum analysis and
the tender negotiations. The ground risks reside with contractor under the contract. Also JCT
contract do not have programme as the contractual documents. In relation to the payment JCT
contracts payment sections are clear and all in one section and also easy to follow. In relation
with time and loss expenses, JCT contract has the relevant matter and the relevant event and time
and money deals with separate concepts. JCT contracts has clear interactions between
contractor's proposals and requirement of employers and there are also extensive drafting in JCT.
There is guidance regarding the work information and it is also dangerous and also the bad