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6 Cards in this Set

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Who do LAs get into contracts with?

Clients, allied professionals, credit agencies and employees

What are the elements of an enforceable contract?

Voluntary agreement, consideration (the pledge to exchange something of value to bind the contract), lawfulness, legally competent parties, enforceable form

What is usually included in the professional services contract?

Agreement, project description, scope of work, scope of services, responsibilities of the parties to the contract, fees, terms and conditions, signature lines

What are basic services itemized for project design work?

Predesign and programming, site planning, sd, cd, bidding and construction contract negotiation, services during construction and CO, project admin, management and coordination

What are the most common ways to present a fee?

Hourly, fixed fee, multiplier of direct pay rates, % of construction

Elements of an LA contract with a sub:

Ref primary contract with client to bind sub to same terms and conditions, clause about payment at same time or after the prime, require proof of insurance, clarify ownership of drawings, protect sub against changes made by others, include mutual indemnification