Professional Documents
Culture Documents
4. Contract Administration (refer Private Standard Form with Quantities for HK)
Contd
Assignment ,
Assignment occurs when a right or duty is legally transferred from one party to
another
After the transfer, the original party retains no interest in the right or duty
transferred.
A contractor may assign his right to payment to a third party in return for
money up front in order to enable him to carry out the contract
An employer may assign his right to the completed building to another party
for payment.
Neither the Employer nor the Contractor may assign or transfer the Contract to
the benefit of another party without the written consent of the other.
With exception that after Substantial Completion of the Works the Employer
may assign or transfer the whole or part of the benefit of the Contract without
the consent of the Contractor.
Contractor shall not allow for assigning nor arranging for vicarious
performance of his obligations for organization, management, planning,
supervision and co-ordination through the functions of site management and
supervisory team.
Sub-letting
Contractor is not allowed to sub-let the whole of the Works or substantially the
whole of the Works.
Contractor shall not sub-let any part of the Works to a sub-contractor against
whom the Architect has made an objection giving his reasons.