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Framework agreements and term contracts – client …
CESA 2011 Conference and exhibition Framework agreements and term contracts client perspective Dr Ron Watermeyer DEng, FSAICE, FIStructE, FICE. est 1969. Soderlund and Schutte Fundamental considerations in delivery Quantum - cost service delivery targets (and jobs created). quality / delivery /. performance time Bottom line infrastructure delivery needs to meet expectations What is a term contract ? ISO 6707-2 (1993) Building and civil engineering - Vocabulary - Part 2: contract terms defines a term contract as a contract that enables the client to order work during a prescribed period at agreed rates Applied using a price list over the term of the contract to: goods and services simple construction works of a repetitive nature over a defined site Price based strategy - difficult to apply where site establishment charges are incurred quantities vary significantly between orders What is a Framework agreement ?
Framework agreements and term contracts – client perspective . Dr Ron Watermeyer . DEng, FSAICE, FIStructE, FICE . CESA 2011 Conference and exhibition
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