Unit Two: Building and Civil Works Contract Terms Quiz

Conditions of contract for building works are found in the 'PINK FORM' for contracts where quantities form part of the contract, under the ______________

The ______________ must be signed by the employer/client and contractor, and the signatures must be witnessed for validity.

During the defects liability period, the contractor is responsible for rectifying defects at their own ______________.

The ______________ marks the start of the contract duration and allows the contractor to enter the site and begin work.

The ______________ is the deadline for project completion, and the contract period is calculated from the date of possession to this date.

LIQUIDATED AND ASCERTAINED DAMAGES (LAD) is a predetermined sum payable per period of delay to compensate for contractor's failure to complete works on schedule. It is intended to reflect actual loss, not act as a ______.

The PERIOD OF DELAY is the period during which contract/project can be delayed without contractor terminating the ______.

The MINIMUM AMOUNT OF INTERIM CERTIFICATE is calculated to determine the minimum payment amount contractor should ______.

FLUCTUATIONS refer to adjustments to contract rates based on changes in the ______.

CONDITIONS OF CONTRACT are grouped under headings like general clauses, construction of works, program of construction, cost of construction, etc. These clauses include definitions, consultant's instructions, drawings, rates of wages, customs duty exemption, ______, etc.