Kontrak Lump Sum
A fixed-price contract where the total price is agreed upon for the entirety of the project.
Clause 24
Relates to variations in the contract terms.
Clause 30
Concerns fluctuations of price in the contract.
Dokumen Tender
Documents that outline the requirements and agreements for the tendering process.
Tender
A formal proposal submitted by a contractor to undertake the work specified.
Jaminan Bank
Bank guarantee as a form of performance bond.
Kontrak Bayar Ganti Kos
Cost-reimbursement contract where contractors are paid for their expenses plus a fee.
Yuran
Fee or charge for the services provided under the contract.
Kos Sasaran
Target cost agreed upon by both parties before the project starts.
Peratusan Yuran Ditetapkan
Percentage fee set prior to the signing of the contract.
Bina, Operasi dan Serah (B.O.T)
Build, Operate and Transfer; a contract type involving design, construction, long-term operation, and eventual transfer to the client.
Kontrak Reka dan Bina/Turnkey
A type of contract where the contractor is responsible for both design and construction.
Kontrak Pengurusan
Management contract wherein a contractor takes responsibility for managing the construction process.
Jadual Kadar Harga
A pricing schedule that establishes the prices for various work items.
SST
Surat Setuju Terima; the acceptance letter indicating agreement to proceed with the tender.
Peratusan tambahan atau pengurangan
Percentage for additions or reductions in work scope or pricing.
Senarai kuantiti
A detailed list of the quantities and types of work items to be carried out.
Borang kontrak JKR 203A
A specific form of contract used in construction by the Public Works Department.
Risiko
The potential for loss or damage during the construction process.