Here we define a step-by-step briefing for the CBC Smart Construction Contract.

An overview of various types of financing and financing structures commonly used in project finance transactions. This note provides a brief description of the key distinguishing features of each type of financing or structure and considers the suitability of different types of financing for various stages of a project's life cycle.

Synonyms

Compulsory.Equivalent topics in order of similitude,listed from equivalent to least equivalent. Hyperlinked.

Definition

This is the definition of a basic construction contract. Please observe this is highly simplified.

Contract Structure

The JCT DB 2016 building contract, for example, is structured as follows:

Parties

Employer
Employer's Agent
Principal Contractor
Principal Designer

Payments

Retentions
Deductions
Loss and Expenses

Stages

From the RIBA Plan of Work, building contraction stages are:

0 - Strategic definition.
1 - Preparation and brief.
2 - Concept design.
3 - Developed design.
4 - Technical design.
5 - Construction.
6 - Handover and close out.
7 - In use.

Processes

A number of certifications, including:

Interim certification
Practical Completion Certification
Final Completion Certification

Application

Description of cases and application with steps-by-step explanations. This includes Examples with scrips, computer code or mathematical model illustrating the application in the many design development platform available (listed in alphabetical order). For each platform (Dynamo, Grasshopper, Processing, etc.), one might find internal and external links.