Construction contract administration by Greg Goldfayl

By Greg Goldfayl

This moment version of Construction agreement Administration focuses particularly at the major development contracts in Australia: ABIC MW - 2003 significant works agreement and AS4000 -1997 normal stipulations of agreement. Greg Goldfayl demystifies the jargon of agreement varieties and interprets it into simple English, making the problems taken with agreement management available to readers with out criminal training.

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Excepted risks – those risks for which the contractor cannot be held responsible – were discussed earlier. Evidence of insurances The party responsible for taking out an insurance policy is required to provide to the other party evidence of insurance and, from time to time, of payment of premiums. Provision of evidence of insurance is mandatory before commencement of work, and on request. In the event of the responsible party either not taking out insurance or, at a later stage, not renewing it or not paying the premiums, Insurance and security 53 the other party may take the initiative of doing so and may charge the costs to the responsible party.

Under MW-1, there are three categories of special condition: two specific and one general. These three questions are posed in item 3, 32 PA R T 1 T h e c o n t r a c t u a l b a c k g r o u n d ‘Special conditions for houses and dwellings, the owner remaining in occupation and other special conditions’, of the ‘Introduction’: 1 2 3 Do the works described in item 6 of the ‘Introduction’ require domestic building work (or equivalent)? Will the owner remain in occupation? Are there any other special conditions?

It may equally be due to a particular requirement of the owner, to the economic circumstances of the time, or to a particularly lengthy project. Under MW-1, there are three categories of special condition: two specific and one general. These three questions are posed in item 3, 32 PA R T 1 T h e c o n t r a c t u a l b a c k g r o u n d ‘Special conditions for houses and dwellings, the owner remaining in occupation and other special conditions’, of the ‘Introduction’: 1 2 3 Do the works described in item 6 of the ‘Introduction’ require domestic building work (or equivalent)?

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