Professional Documents
Culture Documents
Public Works Contracts
Public Works Contracts
CARLOS FERRAZ
EUROPEAN REGULATIONS
27 countries
Similar principles
NATIONAL LAW
Definitions
and general principles of the
Portuguese procurement and the rules for the
tenders
NATIONAL LAW
CONTRACT:
- Employer
- Contractor
Agreement
- Signed between the employer and the contractor
- Contractor: agrees to execute the works in
accordance whit the contract
- Employer: agrees to pay the contract sum
NATIONAL LAW
Bid
Bond:
contract of guarantee whereby the
guarantor or surety (authorised to do
guarantee business) undertakes to pay
damages to the Employer when the
Contractor does not honour his tender
NATIONAL LAW
Performance Bond:
contract of guarantee whereby the
guarantor or surety (authorised to do
guarantee business) undertakes to pay
damages to the Employer when the
Contractor does not honour the
Contract.
NATIONAL LAW
Retention:
Contractor’s responsibilities:
– Delays;
NATIONAL LAW
Contractor’s responsibilities:
– Conditions of employment.
NATIONAL LAW
– Resolving Disputes:
Disputes
– Suspension of Works:
THE END