The Construction Industry Development Board (CIDB) Standard Form of Contract for Building Works 2000 Edition is an essential document in the construction industry. It is a legally binding contract that outlines the terms and conditions of a construction project between the employer and the contractor.
The CIDB Standard Form of Contract for Building Works 2000 Edition is designed to provide a practical and fair contract for both parties involved in a construction project. The contract is divided into several sections, each of which deals with different aspects of the project.
The first section of the contract deals with the preamble, which includes a brief description of the project, the parties involved, and the scope of work to be undertaken. This section also outlines the general conditions that will apply to the project, such as payment terms, insurance requirements, and dispute resolution procedures.
The second section of the contract deals with the agreement between the employer and the contractor. This section outlines the specific terms and conditions of the project, including the scope of work, the contract price, the payment terms, and the project completion date.
The third section of the contract deals with the general conditions of the contract, including the requirements for the contractor`s performance, the employer`s obligations, and the dispute resolution procedures.
The fourth section of the contract deals with the special conditions, which are specific to the project and not covered in the general conditions. This section may include specific requirements for the project, such as materials to be used, project timelines, and quality standards.
The CIDB Standard Form of Contract for Building Works 2000 Edition is an important document in the construction industry as it provides a clear and concise contract for both parties involved in the project. It ensures that all parties are aware of their rights and obligations, and it provides a mechanism for dispute resolution if problems arise.
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