Standard Form of Contracts

This mix explains the different standard form of contracts website- contracts.risingulf.com

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Standard Form of Contracts

Created 3 years ago

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This mix explains the different standard form of contracts website- contracts.risingulf.com
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Slide Content
  1. Standard Form of Contracts

    Slide 1 - Standard Form of Contracts

  2. What’s to be discussed ?

    Slide 3 - What’s to be discussed ?

    • What is it
    • Advantages
    • Various types
  3. What is it ?

    Slide 4 - What is it ?

    • A standard form contract is a contract between two parties, where the terms and conditions of the contract are set by one of the parties, and the other party has little or no ability to negotiate.
    • Contracts
    • Standard form of contract
  4. feedback

    Slide 5 - feedback

  5. Advantages

    Slide 6 - Advantages

    • Time saving
    • Flexible
    • Minimizes errors
    • Not biased
  6. True or false

    Slide 7 - True or false

  7. Examples

    Slide 8 - Examples

    • The Joint Contracts Tribunal (JCT)
    • DB – design and build
    • CD – contract design
    • CE – constructing excellence
    • IFC – intermediate form of building
    • contract
    • MC – management contracting
    • International federation of consulting engineers
    • NEC New engineering Contract
    • Option A – Priced contract with activity schedule.
    • Option B – Priced contract with bill of quantities.
    • Option C – Target contract with activity schedule.
    • Option D – Target contract with bill of quantities.
    • Option E- Cost reimbursable contract
    • Option F- management contract
    • Thank you