Before signing, check that the contract matches the work and risk you priced. A changed term can affect cost or cash even when the scope and headline sum look the same.
What will these clauses require your team to do on the live job?
Construction Contract Review: Scope And Price
Is the scope clear and which file takes precedence? Can the price change and on what basis? Who designs and meets the standards?
How do claims, notices and payments work? What counts as change and how is it priced? Check these five points against the tender and agreed replies.
Time And Risk: Five More Questions
Which dates and delay duties apply? Which notices need a strict form or deadline? What liability and insurance do you carry?
Are bonds, warranties or guarantees required? How are disputes resolved? Use the right legal, design and insurance advice to check these further five points.
The contract review has found the risks. Which actions need a named owner?
- Scope and duties
Check price basis, design and liability.
- Payment and changes
Map valuations, notices and instructions.
- Time and disputes
Know the deadlines and response routes.
Turn the review into site and commercial checks before the order is signed.
Put The Terms Into Use
Show what a changed clause means in time, cash and staff. Decide what must be priced, managed or agreed before signature.
Set up notice, payment and change tasks with named owners. If work starts under an interim agreement, get advice on its scope and effect so the team knows the terms it is working to.
General guidance. Check your signed contract and the job facts. Get legal advice where needed.