ABSTRACT
Identifying the preferred procurement route is unlikely to narrow down the options to just one contract and a further sift through the options is needed. This chapter looks in more detail at specific characteristics of standard forms as an aid to pinpointing the optimum choice. It looks at design strategy, as this is normally a fundamental determinant in selecting a form. The chapter considers risk distribution in general and the ways in which standard forms deal with risk. It proposes using a radar diagram as a tool to identify areas of risk that are of particular concern. The chapter explores specific characteristics of the contracts in greater detail, examining issues of timing, cost and quality control. The main contractor takes on responsibility for designing an identified part or parts of the project. Contracts are a means of managing risks, by making a careful selection before the construction work begins.
