Scope of work
The more detailed the scope, the more certainty there can be on the price
Price
Elite Construction & Management Services will price a job on the scope of work that is either supplied by the client or prepared by their representatives (Architectural/Engineering Consultants – Firms). They must be sure to include some contingency in terms of constraints where constraints are defined as any event, source or resource reflecting the terms of agreements by anyways in terms of scope, schedule, cost, quality, etc.
Payment terms
Usually there will be a weekly or monthly invoice or running bills for the work done in the week/month and there may be an advance payment to cover cost of ordering materials etc. Late payment will attract interest and/or allow Elite Construction & Management Services to suspend work or cancel the contract.
Client duties
Providing Elite Construction & Management Services access to the site, getting planning & other consents etc.
Variations
As clients do not always have a fully detailed specification and they often want changes to the work, the contract needs a mechanism to allow Elite Construction & Management Services to vary the cost and timing of the job to deal with these.
Timing/Schedule
A proposed date for start of work on site and for completion, plus a procedure for adjusting these to deal with any delay caused by the client or other external events.
Handover & Defects
Terms allowing for defects appearing after completion, closing, handing over or delivering the project to the client will not be rectified by Elite Construction & Management Services and will not be company’s overall liability by any means.