Last edited 01 Mar 2021

Contract terms for construction contracts

This article lists the terms that are commonly referred to in a construction contract. In some cases different contracts may use different terms, where this is the case, alternatives are shown.

NB The Chartered Institute of Procurement & Supply (CIPS) Glossary of procurement terms, suggests the contract term (or contract period) can also refer to: ‘…the length of time during which the contract operates... It begins with the START DATE and ends with the EXPIRY DATE. The start date is not necessarily the date on which the contract is signed, but the date on which it comes into effect. The expiry date may be expressed as an actual calendar date (preferred) or as a given number of months (e.g., 36 months) from the start date.’

Designing Buildings Anywhere

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