General liability insurance shall be with limits of not less than $5,, per occurrence, an aggregate limit of not less than $5,, within. Standard Construction Document CCDC 2 – GENERAL CONDITIONS OF THE STIPULATED PRICE CONTRACT. PART 1 GENERAL PROVISIONS. The Canadian Construction Documents Committee (“CCDC”) has now released the long awaited CCDC 2 – Stipulated Price Contract.
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Please contact customerservices lexology. The CCDC was formed in and is a national joint committee responsible for the development, production and review of standard Canadian construction contracts, forms and guides.
CCDC 2 – 2008 Stipulated Price Contract (Including CCDC 41 ‘CCDC Insurance Requirements’)
Some of the significant changes stipulatdd set out below: At a quick glance, the CCDC 2 Stipulated Price Contract appears similar to the CCDC 2 Stipulated Price Contract, but there are significant and substantial changes that require the careful review by all parties to the contract to make sure that the new terms and conditions of the contract accord with the requirements of the project. If you sti;ulated like to learn how Lexology can drive your content marketing strategy forward, please email enquiries lexology.
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My saved default Read later Folders shared with you. Register now for your free, tailored, daily legal newsfeed service. Canada July 1 Notice may now be given by fax and e-mail.
Stipulated price contract: the new CCDC 2 – Lexology
Many of the definitions have been updated, clarified and simply corrected to deal with the new realities of the construction industry. The responsibilities of who pays for tests stipulwted be conducted on the project has been revised.
Specific shop drawings must be listed in the construction documents. The owner can only request to speed up the time to complete the contract as specified in the contract documents by way of a change order.
Construction Files – BC Construction Association
If there is to be a change order, the additional costs that are to be included by the contract are specified in significant detail in the new standard contract. The percentage of mark up for profit and overhead is to be added to those costs.
The provisions regarding delay are set out with new clarity in the new contract and quick notice must be given by one party to the other along with particulars as to cost.
The owner has an obligation to show the location of utilities in contract documents. Provisions dealing with toxic and hazardous substances have been set out in a new form to make it consistent with new developments in occupational health and safety. The new contract attempts to clarify responsibility for obtaining government approvals, permits, licences, inspections and certificates.
There are now significant changes to the indemnification, waiver of claims and warranty claims setting out specific time limitations for which claims can be made or whether they are waived.
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