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Serial and Continuity Contracts Explained

The document discusses different types of continuity contracts including serial contracts, continuation contracts, term contracts, and negotiated contracts. Serial contracts involve letting multiple similar contracts to a single contractor. Continuation contracts take advantage of ongoing work by transferring documents to new available work. Term contracts establish a contractor to perform certain work over a set period of time. Negotiated contracts should only be used when there is an obvious advantage to the client such as an existing business relationship or specialist work only one contractor can perform.

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260 views1 page

Serial and Continuity Contracts Explained

The document discusses different types of continuity contracts including serial contracts, continuation contracts, term contracts, and negotiated contracts. Serial contracts involve letting multiple similar contracts to a single contractor. Continuation contracts take advantage of ongoing work by transferring documents to new available work. Term contracts establish a contractor to perform certain work over a set period of time. Negotiated contracts should only be used when there is an obvious advantage to the client such as an existing business relationship or specialist work only one contractor can perform.

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junlab0807
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Download as DOC, PDF, TXT or read online on Scribd

CONTINUITY CONTRACTS

SERIAL CONTRACTS

1 WHERE A SERIES OF CONTRACTS ARE LET TO A SINGLE CONTRACTOR


2 NUMBER OF CONTRACTS IS ROUGHLY KNOWN
3 USUALLY OF SIMILAR ORDER OF SIZE
4 TENDER COMPETITIVELY WITH A MASTER BILL OF QUANTITIES
5 BLDG RESOURCES/PROF SERVICES CAN RESULT IN LOWER COSTS AND
BETTER VALUE FOR MONEY
6 IMPROVED RELATIONSHIP BETWEEN CLIENT/CR/DESIGN TEAM

CONTINUATION CONTRACTS

1 AD HOC ARRANGEMENT TO TAKE ADVANATGE OF PARTICULAR SITUATION


2 WHERE ONE CT IS RUNNING AND FURTHER WORK BECOMES AVAILABLE
3 SAME DOCS COULD BE TRANSFERRED TO THE NEW WORK
4 ALLOWANCES WILL BE MADE FOR INCREASES TO LABOUR AND MATS
BECAUSE OF TIME
5 CLIENT ACCRUE BENEFITS FROM INCREASED PRODUCTIVITY AND FURTHER
SAVINGS STEMMING FROM DOING SIMILAR WORK

TERM CONTRACTS

1 CR DOES CERTAIN WORK FOR A CERTAIN PERIOD OF TIME


2 AGREES TO DO ALL WORK WITHIN SET PERIOD
3 TENDER DCOS USUALLY = SCHEDULE OF RATES
4 ORDERS FOR WORK ARE ISSUED FROM TIME TO TIME, CR PAID
ACCORDINGLY
5 IDEAL FOR MAINTENANCE AND REPAIR WORK

NEGOTIATED CONTRACTS

1 SHOULD ONLY BE DONE WHERE OBVIOUS ADVANTAGE TO CLIENT


2 WHER BUSINESS RELATIONSHIP WITH CR
3 GEOGRAPHICAL LIMITATIONS
4 USED PREVIOUSLY
5 VERY SPECIALIST WORK, ONLY ONE CR CAN CARRY OUT THE WORKS
6 RAPID START IE WHERE ORIGINAL CR = GONE INTO LIQUIDATION

METHOD ONE
COMPETITVE RATES OBTAINED FOR SIMILAR WORK, BUT COULD = PROBS
ADJUSTING RATES FOR NEW WORK

METHOD TWO
AGREED ASSESMENT OF ESTIMATED COST, TO WHICH AGREED % ADDED

ADVANTAGES

1 MUST SET PARAMETERS PRIOR TO NEGOTIATION


2 SELECT CR FOR WORKMANSHIP / EXPERTESE
3 BROUGHT ON AT AN EARLY STAGE

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