Architecture / June 9, 2018 /
The contract documents set out what work must be done, and how, and under what conditions it is to be done. They identify the contractors obligations and liabilities and form the contractual agreement to do the work for the stated price or at the agreed rates. Many if not most financial problems in building originate in inadequate or unclear tender and contract documents, often culminating in disputes between the client and the contractor over what is included in the price for the work.
Clients who prioritise cost over speed or who require fixed price lump sums will generally experience longer development programmes, as designs must be substantially completed before tenders can be obtained. This process may take a considerable amount of time as careful thought is required to develop and refine the scheme design. The design, in turn, influences the contractors construction methods which determine length of time taken to complete the contract on site.