How do Early Contractor Involvement’s (ECI) Work?
Traditionally, construction contracts only allow the principal contractors to be engaged in projects once major decisions and design details have been completed. However, an early contractor involvement- also referred toRead More
How does a Master Builders Association HIC6 Contract work?
A HIC6 contract or home improvement contract is a contract prepared by the Master Builders Association. It is used to govern the relationship between homeowners and builders in relation toRead More
How do Master Builders Contracts Work?
Master builders contracts are pre-made documents which aim to assist construction contractors and principals by standardising agreements between parties in construction projects across a many different types of projects. MasterRead More
What is a Wet Hire Agreement?
A wet hire agreement is a contract between two parties, where one party wishes to rent a product, as well as a service provider or operator from the party whoRead More
What Is A Dry Hire Agreement?
When a company hires out equipment or machinery to third parties, they will enter into a dry hire agreement. In essence, a dry hire agreement sets out the terms andRead More
Issues with Progress Payments in the Construction Industry
Progress payments are instalments paid for construction work while a project is ongoing. As a contractor for construction work, you are usually entitled to intermittently bill your customer not onlyRead More
An Overview of Construction Contracts
Choosing between construction contracts can be challenging when embarking on a construction project. The type of contract you draft will play a major role in your project, so it isRead More
Are Verbal Instructions enough for a Building Contract?
Generally, contracts do not have to be in writing to be enforceable. In everyday circumstances such as entering a car park, a written contract is not required but they areRead More