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Construction contract

A construction contract is a mutual or legally binding agreement between two parties based on policies and conditions recorded in document form. The two parties involved are one or more property owners and one or more contractors. The owner, often referred to as the 'employer' or the 'client', has full authority to decide what type of contract should be…

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Explore the main themes, entities and connections around Construction contract. Start with the topic map, then use the sections below for research and deeper semantic analysis.

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Overview

Types

Features of construction contracts

Advanced semantic analysis

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Map overview Semantic statistics

Construction contract

Nodes31
Edges30
Triples30
Avg. degree1.94
Density0.064516
Components1

How this topic connects Entity context

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Construction contract

Top relations

related to Unit cost contract · 9
Construction contract → AGC, America, Associated General Contractors, Consequently, For, Payments, The, This, Unit
related to Base date · 4
Construction contract → If, In, The, This
is a · 3
Construction contract → alternative to lump sum agreements, important document as it outlines the scope of work, mutual or legally binding agreement between two parties based on policies and conditions recorded in document form
related to Types · 3
Construction contract → Other, The, There
related to Sectional completion · 2
Construction contract → Sectional, This
see also · 1
Construction contract → Australian Construction ContractsEconomicsEngineering

Important terminology Word statistics

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Important terminology

contract contractor work construction owner agreement cost type price sum used lump contracts percentage paid conditions plus base date project

Entity relationships Subject–Predicate–Object triples

SubjectPredicateObjectConfidenceSrc
Construction contractis amutual or legally binding agreement between two parties based on policies and conditions recorded in document form0.90text
Construction contractis aimportant document as it outlines the scope of work0.90text
Construction contractis aalternative to lump sum agreements0.90text
laborinstance ofthe risks are transferred to the owner.A cost plus contract states that a client agrees to reimburse a construction company for building expenses0.80text
materialsinstance ofthe risks are transferred to the owner.A cost plus contract states that a client agrees to reimburse a construction company for building expenses0.80text
and other costsinstance ofthe risks are transferred to the owner.A cost plus contract states that a client agrees to reimburse a construction company for building expenses0.80text
plus additional payment usually stated as a percentage of the contract's full price.This type of construction contract is an alternative to lump sum agreementsinstance ofthe risks are transferred to the owner.A cost plus contract states that a client agrees to reimburse a construction company for building expenses0.80text
per cubic yard for concrete times quantity put in placeinstance ofPayments are calculated at a specific rate for each item0.80text
dirt removal or fillinstance ofapplied to select components of work items0.80text
finish hardwareinstance ofapplied to select components of work items0.80text
etcinstance ofapplied to select components of work items0.80text
Construction contractrelated to Base dateIn0.60section

Related concept clusters Concept neighborhoods

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    Min side: 3
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