Lump Sum Contracts

Lump Sum Contracts

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This latest edition of The Red Book has been the subject of a detailed review and takes into account users' experiences and the latest thinking in project execution in the process industries. Legislation - such as the Housing Grants, Construction and Regeneration Act 1996 and the Contracts (Rights of Third Parties) Act 1999 and the Courts' interpretation of the legislation is covered. The guidance section is separated into two parts with Section I providing specific guidance on completing the Contract Agreement and Section 2 discussing general issues to aid understanding, highlighting areas where special conditions may need to be written for the user's requirements. Suitable for use in lump sum contracts in a wide range of industries, particularly those where a high technical input is required in the design and construction and where a proven system or service is required for the completed project.This handbook (which is often referred to as the Institution of Chemical Engineers (IChemE) a#39;Red Booka#39;) contains a typical form of Agreement and a set of ... Users of this Form of Contract are encouraged to read the relevant guidance sections before preparing the Specification, the ... the process plant sector, which are generafly far less adversarial in nature than in other parts of the construction industry.


Title:Lump Sum Contracts
Author: Contracts Working Party
Publisher:IChemE - 2001-01-01
ISBN-13:

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