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A GUIDE TO CONSTRUCTION CONTRACTS - …

A GUIDE TO CONSTRUCTION CONTRACTSBOWMANS2A GUIDE to CONSTRUCTION Contracts304 Introduction 05 What is a contract ?05 CONSTRUCTION contracts07 Working with the employer s representative08 Different forms of contracts11 Different ways of contracting12 CONSTRUCTION contract arrangements13 CONSTRUCTION Industry Development Board14 Deciding on which contract to use18 Common CONSTRUCTION contract terms/ procedures22 Key concepts26 Applicable legislation27 Useful links ContentsBOWMANSI ntroductionConstruction projects play a vital role in South Africa s development, not only in respect of its physical infrastructure, but also in its broader economic and social development. They also create employment opportunities on a large CONSTRUCTION industry is valued at approximately The industry continues to grow. This handbook provides some basic knowledge and understanding regarding contracting in this industry.

A Guide to Construction Contracts 5 What is a contract? Construction contracts A contract is an agreement entered into between two or more people with the

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GUIDE 1 – B-BBEE IN SOUTH AFRICA: AN OVERVIEW

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B-BBEE Commission, the Department of Trade and Industry and various B-BBEE verification agencies. Because B-BBEE is such an important consideration for any company conducting business in South Africa, we have produced a series of four guides to help our clients understand the complexregulatory framework applicable to B-BBEE in South Africa.

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