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An Overview of Tendering and Contract Formation (Part 2) Contract Formation Concepts
An Overview of Tendering and Contract Formation (Part 2) Contract Formation Concepts
Level
Advanced
Duration
30 minutes
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The aim of this course is to provide a high level overview of tendering construction contracts and the subsequent formation of these contracts, and the legal rules that govern these processes.
Accreditations & CPD
Accreditations & CPD
Suitable for CPD requirements of RICS, CIOB, ICE, and CICES members.
Learning Outcomes
Learning Outcomes
After studying this course, you should be able to:-
• Explain in depth the concept of acceptance and the different types of acceptance
• Explain the concepts of consideration, privity of contract, and outline forms used in tendering and contract formation.
