UNIT 1
CONTRACT PLANNING
, INTRO
Contract – an agreement that creates obligations between
parties
Building contract –
agreement between builder
and client whereby the
builder/contractor agrees to
perform work/construction
and the client agrees to
render payment in the form
of money.
, Parties involved in building contract
1. The client
2. Principle agent
3. Contractor
4. Resident Engineer)
5. Sub-contractors
6. Other prime contractors/consultant
CONTRACT PLANNING
, INTRO
Contract – an agreement that creates obligations between
parties
Building contract –
agreement between builder
and client whereby the
builder/contractor agrees to
perform work/construction
and the client agrees to
render payment in the form
of money.
, Parties involved in building contract
1. The client
2. Principle agent
3. Contractor
4. Resident Engineer)
5. Sub-contractors
6. Other prime contractors/consultant
