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Contract Comparison Key Differences
Summary
The provided contract is tailored for residential works, while NZS3910:2013 covers a broader range of construction projects. Key differences include payment terms, with the provided contract offering monthly claims and advance payments, whereas NZS3910:2013 has detailed progress payment procedures. Insurance requirements differ, with the provided contract specifying sums for motor vehicle and public liability, while NZS3910:2013 offers comprehensive coverage. Variations in the provided contract incur an 8% admin fee and require written notice, unlike the standardized procedures in NZS3910:2013. Consents and compliance are the customers responsibility in the provided contract, contrasting with the contractors responsibility in NZS3910:2013. Site possession and conditions are more detailed in NZS3910:2013, and risk allocation varies between the contracts.Full Conversation
Certainly! Here are more detailed specifics comparing the provided contract to NZS3910:*:
*. Scope and Application:
- Provided Contract:
- Tailored for residential works with specific clauses for civil works, joinery, roofing, etc.
- NZS3910:*:
- General conditions for a wide range of construction projects, including building and civil engineering.
- Provided Contract:
- Tailored for residential works with specific clauses for civil works, joinery, roofing, etc.
- NZS3910:*:
- General conditions for a wide range of construction projects, including building and civil engineering.
*. Payment Terms:
- Provided Contract:
- Monthly payment claims and advance payments.
- Payment schedule within four working days; interest on late payments.
- NZS3910:*:
- Detailed progress payment procedures, including valuation dates and interim payments.
- Provided Contract:
- Monthly payment claims and advance payments.
- Payment schedule within four working days; interest on late payments.
- NZS3910:*:
- Detailed progress payment procedures, including valuation dates and interim payments.
*. Insurance Requirements:
- Provided Contract:
- Motor Vehicle Insurance: $TBC
- Public Liability: $*,*,*
- Construction insurance equal to contract price.
- NZS3910:*:
- Comprehensive insurance for works, public liability, and other risks.
- Provided Contract:
- Motor Vehicle Insurance: $TBC
- Public Liability: $*,*,*
- Construction insurance equal to contract price.
- NZS3910:*:
- Comprehensive insurance for works, public liability, and other risks.
*. Variations:
- Provided Contract:
- *% administration fee for variations.
- Requires written notice and cost estimate.
- NZS3910:*:
- Standardized approach for variations.
- Detailed procedures for submitting, evaluating, and implementing variations.
- Provided Contract:
- *% administration fee for variations.
- Requires written notice and cost estimate.
- NZS3910:*:
- Standardized approach for variations.
- Detailed procedures for submitting, evaluating, and implementing variations.
*. Consents and Compliance:
- Provided Contract:
- Customer responsible for obtaining building consent and code compliance certificate.
- Specifies responsibilities for resource consents.
- NZS3910:*:
- Generally addresses consents and compliance as part of the contractor's responsibilities.
- Provided Contract:
- Customer responsible for obtaining building consent and code compliance certificate.
- Specifies responsibilities for resource consents.
- NZS3910:*:
- Generally addresses consents and compliance as part of the contractor's responsibilities.
*. Possession and Site Conditions:
- Provided Contract:
- Possession date specified; customer responsible for site conditions.
- Liability for utilities, covenants, consents, and site boundaries.
- NZS3910:*:
- Detailed provisions for site possession, inspection, and site conditions.
- Provided Contract:
- Possession date specified; customer responsible for site conditions.
- Liability for utilities, covenants, consents, and site boundaries.
- NZS3910:*:
- Detailed provisions for site possession, inspection, and site conditions.
*. Risk Allocation:
- Provided Contract:
- Specific risks related to site conditions, utilities, and variations.
- Customer indemnifies contractor for certain risks.
- NZS3910:*:
- Standard risk allocation clauses addressing various construction risks.
- Provided Contract:
- Specific risks related to site conditions, utilities, and variations.
- Customer indemnifies contractor for certain risks.
- NZS3910:*:
- Standard risk allocation clauses addressing various construction risks.
Risks:
- Specificity:
- The provided contract is highly specific to residential works, which may lack the comprehensive provisions of NZS3910:*.
- Variation Costs:
- Higher administrative fees (*%) could lead to increased costs and potential disputes.
- Insurance Coverage:
- May not be as comprehensive as NZS3910:*, potentially leading to uncovered risks.
Would you like further analysis on any particular clause or section?
- Specificity:
- The provided contract is highly specific to residential works, which may lack the comprehensive provisions of NZS3910:*.
- Variation Costs:
- Higher administrative fees (*%) could lead to increased costs and potential disputes.
- Insurance Coverage:
- May not be as comprehensive as NZS3910:*, potentially leading to uncovered risks.
Would you like further analysis on any particular clause or section?
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