| Review: |
Construction contracts are widely misunderstood. Here the authors define rules for construction contract interpretation for the most troublesome contract clauses. These rules were developed for US contractors and contract administrators to improve the quality of contract administration. By following the rules, the parties to a dispute can reach a contractually correct decision without resorting to the courts or other resolution forums. Each chapter contains numerous examples. The resolution of conflicts is shown as flowcharts or decision trees. There are chapters on: ‘What is a contract?’; fundamental principles; types of changes and disputes; notice requirements; extra work and oral change orders; rules for contract interpretation; differing site conditions; misrepresentations; defective specifications; the no-damages-for-delay clause; substantial completion; and liquidated damages. |