The principle of inclusive price
Language: English Series: Contract Journal ; 440(6650) 7 November 2007, 31(1)Publication details: 2007Subject(s): Summary: Discusses the inclusive price principle as defined in "Hudson's building and engineering contracts" (0421332603). The principle suggests that work that is indispensably or contingently necessary should be included within the contract price. However, in practice many standard forms of contract are drafted in such a way that the principle cannot be assumed. This is especially apparent where bills of quantities or approximate quantities are included in the contract documents, and in such contracts the inclusive price principle is defeated.| Item type | Current library | Call number | Copy number | Status | Barcode | |
|---|---|---|---|---|---|---|
| Journal article | London Journal article | L141835 (Browse shelf(Opens below)) | 1 | Available | 141835-1001 |
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Discusses the inclusive price principle as defined in "Hudson's building and engineering contracts" (0421332603). The principle suggests that work that is indispensably or contingently necessary should be included within the contract price. However, in practice many standard forms of contract are drafted in such a way that the principle cannot be assumed. This is especially apparent where bills of quantities or approximate quantities are included in the contract documents, and in such contracts the inclusive price principle is defeated.