Assessment 17 CPCCBC4003A: Construction Contract Selection
VerifiedAdded on 2022/08/13
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Homework Assignment
AI Summary
This document provides a comprehensive solution to a construction contracts assessment, addressing key aspects of contract selection, preparation, and implementation. It covers different types of construction contracts, including those for residential and commercial projects, and explores relevant legislation, such as the NSW Fair Trading Act. The assessment delves into contract clauses, including order of precedence of documents, requirements for registered land ownership, and implications of loan approvals. It also explores builder responsibilities regarding assignments, variations, site access, insurance, and causes of delays, along with owner obligations. The solution further includes scenarios addressing payment disputes, builder delays, and material shortages, with recommendations for action. The document emphasizes the importance of detailed client communication records and examines the requirements for contract documentation, including offer and acceptance, intention to create legal relations, statutory warranties, and capacity of parties. Finally, it highlights the significance of consent in establishing a binding building contract.
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