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Cover of Construction Contracts Demystified

Stardom Books, LLC · 2024 · Business

Construction Contracts Demystified

Guiding Young Entrepreneurs through the Maze of Construction, Contracts, and Procurement

By Manish Mohandas — Construction Management Professional

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Construction Contracts Demystified by Manish Mohandas is a practical guide to construction contracts, procurement, and project delivery. Covering tendering, FIDIC, NEC, legal frameworks, and common contractual challenges, the book helps professionals navigate agreements more clearly, strengthen business relationships, and better understand construction laws across India and 30+ countries.

Where to buy

Available worldwide, in four editions.

Online, everywhere

Carried by Amazon in every market, Barnes & Noble, Walmart, Waterstones, Booktopia, Kinokuniya, Flipkart, Google Books, Apple Books and Kobo. Printed on demand close to wherever it is ordered.

In a bookstore or library

Listed with the worldwide trade network, so any bookstore or library can order it. Ask for it by ISBN: 978-1957456430 (paperback).

What is inside

Construction Contracts Demystified by Manish Mohandas simplifies the contractual side of construction by breaking down the processes that connect project planning with execution and completion. Drawing on extensive industry experience, the book presents contract management as a practical discipline that influences project delivery, commercial relationships, risk, and overall performance.

The book explores key stages of the contracting process, from tender documents and procurement to agreement finalisation, administration, and project handover. It also examines common challenges that arise during contract discussions and explains how clearer understanding can support healthier and more effective business relationships.

Readers are introduced to widely used contract frameworks such as FIDIC and NEC, along with other forms of contract relevant to construction projects. The book also looks at legal aspects of construction in India and more than 30 other countries, helping readers develop a broader understanding of how contractual practices can vary across jurisdictions. Rather than treating contracts as purely legal documents, the book presents them as working tools that shape responsibilities, expectations, risk allocation, and project outcomes. Its focus is on making complex concepts easier to understand and apply in real project environments.

Construction Contracts Demystified is written for construction managers, project managers, commercial managers, procurement professionals, engineers, consultants, contractors, developers, and students entering the construction industry.
It is particularly relevant to professionals who want to strengthen their understanding of contracts, improve negotiations, manage project risks more effectively, and work with greater confidence across different contractual and legal environments.

Contents

  1. Introduction
  2. Chapter 1: Overall Contract Process
  3. CHAPTER 2: Major Terms Of Any Agreement
  4. Chapter 3: Standard Forms Of Contracts
  5. Chapter 4: FIDIC RED BOOK 1999 - A Closer Look
  6. Chapter 5: Know Your Client Or Vendor
  7. Conclusion
  8. Acknowledgement
  9. About The Author
  10. References

Details

Publisher
Stardom Books, LLC
Published
March 1, 2024
Pages
260 (paperback)
Language
English
ISBN
978-1957456430 paperback
Copyright
© 2024 Manish Mohandas
Topics
Business · Economics · Construction · Industries

Excerpt

From “Introduction”

Bob wants to build his dream house and is seeking an individual or organization to design and construct it. After receiving recommendations from friends and relatives, Bob decides to hire Carl Constructions LLP for the project.
However, before entering into an agreement, there are several important considerations to address.
Can Bob directly enter into an agreement with Carl Constructions LLP, or are there specific steps he needs to take? Is Carl Constructions LLP genuinely interested in building Bob's dream house? How well does Bob know the company, and has he effectively communicated his requirements?
This chapter explores the necessary measures Bob should take to clearly communicate his needs and ensure that Carl Constructions LLP can complete the project within the desired timeframe and budget. Additionally, it addresses potential scenarios such as project delays, construction defects, and other risks.

On the other hand, it's crucial to consider Carl Constructions LLP's understanding of Bob as a client. Have they comprehended Bob's requirements sufficiently? If Carl Constructions LLP does not win the project bid, will Bob reimburse the costs incurred during the bidding process? Will Bob pay them promptly as a client, and does he have the necessary funds to finance the construction? What if Bob decides to halt construction midway or change his requirements during the project? Who bears the risk of material price escalations? Furthermore, it's essential to ensure that Bob has obtained all the necessary statutory clearances for his proposed construction site. Lastly, what happens if Bob goes bankrupt during the construction process?
In this chapter, we will examine the steps that both the Buyer (Bob) and the Seller (Carl Constructions LLP) need to take. Although we will refer to Bob as the Buyer and Carl Constructions LLP as the Seller or Contractor, the principles discussed apply to any complex project in any industry.

Transition to Tender Document Preparation:
Once Bob has finalized his decision to construct his dream house, the next step is to consolidate all his thoughts and requirements into a formal document called the Tender Document. The Tender Document typically includes various sections, as shown in Table 1.
Each section plays a crucial role, and their importance will be discussed in subsequent chapters.

Trailer

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About the author

Manish Mohandas

Manish Mohandas

Manish Mohandas

Construction Management Professional

Manish Mohandas is a construction management professional with extensive experience in construction, commercial management, and procurement. He has worked across India, the UAE, Sri Lanka, Maldives, and Colombo.

Published by Stardom Books — written from the author’s own words, in the author’s name. Browse the catalogue

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