Entire agreement, Other Management

Assignment Help:

Entire agreement 

The entire agreement clause must state that the contract is the final, complete, and total expression of the parties' agreement. Such an agreement helps in preventing a party from claiming that there are other promises or terms to the deal that are not explicitly set forth in the written contract, such as oral representations, e-mails or memoranda, and other documents.  

Modification of agreement The modification of agreement clause should state  that the contract may only be modified in writing and signed by all parties. This is done in order to prevent either of the parties from saying that the terms of the written agreement were verbally changed. 

Standard conditions The following are the standard conditions that must be included in project construction contracts: 

  •   Terms of payment. 
  •   Liquidated damages.  
  •   Escalation provisions. 
  •   Variation of unit rates with variation in the estimated Bill of Quantities. 
  •   Compensation basis for extra works. 
  •   Force majeure. 
  •   Suspension. 
  •   Termination. 
  •   Bank guarantees. 
  •   Statutory variations in taxes/duties. 
  •   Works contract tax.  

Related Discussions:- Entire agreement

Information services - value-added information services, Information Servic...

Information Services: Some of the significant information services which have been evolved as a result of developments in communications are: electronic delivery of documents,

Library cooperation, LIBRARY COOPERATION   Libraries have many things i...

LIBRARY COOPERATION   Libraries have many things in common. The processes and practices in several libraries are similar. Even the problems of management and services are commo

Risk classification based on where risk control lies, R i sk classificati...

R i sk classification based on where risk control lies From the point of view of where risk control lies, five classifications of risk can be listed: External risks wh

Provide a checklist for a sustainable reform programme, Question 1: You...

Question 1: You are employed as a consultant to undertake a reform programme in a particular public sector environment. Provide a detailed checklist for a sustainable reform p

Persuasion, Persuasion When communication is your goal often is to pers...

Persuasion When communication is your goal often is to persuade the audience to get the message that you are conveying to them. Persuasion is connected to the feasibility of th

Cd-rom networks, CD-ROM Networks CD-ROM has become an important medium...

CD-ROM Networks CD-ROM has become an important medium for the storage and dissemination of information. Many information products are now available on CD-ROM. CD-ROMs represen

Efficient library management, Efficient library management: These-func...

Efficient library management: These-functions are carried out by any reasonably efficient library. The emphasis the definition is on the provision of information as a major fu

Home bindery vs commercial bindery, Home Bindery vs Commercial Bindery: ...

Home Bindery vs Commercial Bindery: The decision whether to send material to a commercial binder or to have a binder in the library is to be decided first. As binderies become

Observation sampling technique, Observation Sampling Technique: Since ...

Observation Sampling Technique: Since it  is usually impossible  to  observe behaviour for extended period of time because of fatigue and boredom  one must plan how and when t

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd