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Monday Oct 07, 2024
EP05 Mastering Construction Contracts: A Strategic Guide to Selecting the Right Agreement for Every Project
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In this episode, we explore into the second edition of RICS's "Appropriate Contract Selection," a must-have resource for professionals in the construction and infrastructure sectors. This comprehensive guide provides critical insights into selecting the right contract for every type of project, whether in the public or private sector. We will walk you through the key procurement routes commonly used in the UK, such as traditional, design and build, and management contracting, and discuss how these impact contract choice. You’ll also learn how to balance risks, streamline tendering processes, and ensure contracts align with project goals and timelines.
We’ll explore the practical applications of these contracts, including how to handle amendments, execute contracts, and consider factors like liability duration and jurisdictional requirements. Whether you're an employer looking to engage a main contractor, or a contractor managing sub-contracts, this episode is packed with actionable advice to help you avoid common pitfalls and ensure successful project delivery. Tune in to get expert advice on choosing the most effective contracts and strategies that can save you time, money, and resources in your next project.
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