Construction Agreement

To allow all tenderers to know the form of the agreement the successful tenderer will be asked to sign, a copy of the agreement is included with the other documents in the project manual. Various organisations have developed standard agreement forms, including FIDIC (F´ed´eration Internationale des Ing´enieurs-Conseils, 2001b) and the American Institute of Architects (1997c). Typically, the agreement contains sections setting forth the name of the owner, contractor and design professional, a list of the contract documents, a description of the work encompassed within the contract, the dates of commencement and substantial completion, the contract sum, details regarding payment procedures and provisions related to termination or suspension of the contractor. We shall deal further with this form in our chapter on contractor selection.