ABSTRACT
The contract is the bedrock of any engineering scheme-that is, apart from minor works which might be undertaken by one’s own labourforce. At law, a simple contract (under signature of the parties concerned) is essentially a bargain between the two (or more) parties who have agreed to it. They could equally be organizations duly represented by nominated persons or others qualified to commit their organizations. The essentials of all contracts are:
• Something of value changes hands in each direction-the ‘consideration’— which forms the ‘bargain’. An undertaking or a gift by one party may be just as legally enforceable, but strictly speaking it is not a contract.
