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Analysis of Australian Building Contracts

Title: Analysis of Australian Building Contracts
Category: /Society & Culture
Details: Words: 2393 | Pages: 9 (approximately 235 words/page)
Analysis of Australian Building Contracts
ABIC MW-1 2003 The MW-1 2003 Contract was developed and published by the Royal Australian Institute of Architects (RAIA) and the Master Builders Association (MBA). This contract is the revised edition of the original ABIC MW-1 2001 contract AS 4000 1997 General Conditions of Contract The AS 4000 contract was developed through the joint Standards Australia & Standards New Zealand Committee OB/3. The contract was developed as a result of a consensus to push for the contract to become an …showed first 75 words of 2393 total…
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…showed last 75 words of 2393 total…not set out to favour one party over the other and it clearly defines each parties responsibilities and liabilities in its simplest terms. The AS4000 contract also provides a relationship between the Principal, Contractor and Superintendent. The Superintendent in this case is not the client or the designer of the works and their sole purpose is to administer the contract, making it a much 'equal' contract for all participants involved. <Tab/>

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