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Contracts Formulation and Management

CIVL3813

The objectives of this unit are to give students a fundamental knowledge of the legal system and contract terms under which projects are generally conducted. Emphasis will be on the principles of contract formulation, administration and finalisation, including prevention and/or settlement of disputes. At the end of this unit, students will have both legal and practical knowledge in the field of project management and contract administration, within a legal framework. The syllabus comprises brief overview of the legal system in Australia and comparison with other legal systems introduction to project delivery systems and the running of a typical project, introduction to contract law and the formation of contracts, the principles of standard form contracts as well as bespoke drafting, an understanding of the risks undertaken by the different contracting parties, a detailed review of a standard contract promoting an understanding of major project issues such as time, variations and payment; implementation and administration; potential liabilities associated with project participation; contract conditions and specifications; management of claims for variations and extensions of time; notification requirements including time bar, understanding the commercial significance of issues such as latent conditions, subcontracting, bank guarantees and security of payment legislation.

Unit of study details

Unit of study level: Senior

Credit points: 6

Commencing semesters: 2

Further unit of study information

Unit of study handbook: CIVL3813

Costs and scholarships information: Costs and Scholarships

Final dates to withdraw from units of study: Census Dates

Available for study abroad and exchange: Yes

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