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Resolve Business Disputes and Select and Prepare a Construction Contract

Resolve Business Disputes and Select and Prepare a Construction Contract. Lesson Six. Todays Lesson. Continue on Chapter Two - Contracts Activity 7 Questions Roles in Contracts Staging in Contracts Complete a standard contract to a specific job Where could disputes arise from the above ?.

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Resolve Business Disputes and Select and Prepare a Construction Contract

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  1. Resolve Business Disputes and Select and Prepare a Construction Contract Lesson Six Cert IV - M. S. Martin March 2012

  2. Todays Lesson • Continue on Chapter Two - Contracts • Activity 7 Questions • Roles in Contracts • Staging in Contracts • Complete a standard contract to a specific job • Where could disputes arise from the above ? Cert IV - M. S. Martin February 2012

  3. Roles in Contracts - Definitions • The Principal - is the person, government organisation, company, business or other group wanting construction work done • The Superintendent - is a person appointed in writing by the Principal • For example if the Principal is a home owner they might appoint a person, including an Architect as their Superintendent. A Government Dept. may differ • The Contractor - in building contracts is the party engaged to do the job by the Principal Cert IV - M. S. Martin January 2012

  4. Roles in Contracts - continued • Sub-Contractors- The Contractor may engage Subcontractors. Common in the building industry as specially trained people are required to do specific jobs. Cert IV - M. S. Martin January 2012

  5. Stages of a Contract Using Lump-sum sample Cert IV - M. S. Martin January 2012

  6. Cert IV - M. S. Martin January 2012

  7. Lets look at Completing A Contract • For the purpose of the exercise, we are going to use our previous example of: • Mal set of Drawings • Top floor fix out work • Use the list of items from the previous exercise (list from full documents) • Use this list as your job • We will use the OFT Contract $25,000.00 plus in the back of your notes • Complete the contract item by item Cert IV - M. S. Martin January 2012

  8. Signatures ? • Do you really sign it first ? • But lets decide on a figure $,$$$.$$ that we will use for our job? Cert IV - M. S. Martin January 2012

  9. Checklist • Although this is structured for the owner, it is relevant to you and good practice in general Cert IV - M. S. Martin January 2012

  10. Details • Fill out as if it were a real job. • Make up missing details Cert IV - M. S. Martin January 2012

  11. To be continued next week Cert IV - M. S. Martin January 2012

  12. References • Competency text for ‘Resolve Business Disputes and Select and Prepare a Construction Contract’ • Web sites as listed below: www.comlaw.gov.au/Details/F2009C01105 http://www.fairtrading.nsw.gov.au/default.html http://www.cttt.nsw.gov.au/Dispute_resolution.html Cert IV - M. S. Martin January 2012

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