I thought I’d add this Fact Sheet into the ‘Important Stuff’ sidebar as it’s a part of what an architect does that I don’t think anyone truly appreciates; that is the setting up and management of the contract between Client & Contractor.
This Fact Sheet (number 7) deals with how a builder should be paid, how the retention works, what Practical Completion and the Defects Liability is and how the retention is paid.
To open the Fact Sheet (a 1Mb pdf), click on the image below or CLICK HERE TO OPEN FACTSHEET ON CONTRACTS
