11 Week Eleven - Compensation Events and Ethics

Flashcards covering key concepts from the lecture notes on Compensation Events and Ethics in Construction Law.

Superintendent (in construction contracts)

An individual or business given specific roles under a construction contract to administer the contract.

Compensation Events

Events in a construction contract entitling the contractor to claim additional time, money, or both.

Change in Law

New legislation, regulation, or legal requirement introduced after the contract date that affects the performance of the works.

Force Majeure

Unexpected events beyond the control of the parties that prevent a party from fulfilling its contractual obligations.

Latent Condition

Adverse geotechnical conditions that differ materially from what could have been reasonably anticipated.

Unknown Contamination

Harmful or polluted materials in or near the construction site that the contractor couldn’t have reasonably expected.

Unknown Utility

A Utility Service that differs materially in nature, location, extent, type or scope from what could have been reasonably anticipated.

Unknown Obstruction

Man-made physical and structural conditions that differ materially from what could have been reasonably anticipated.

Unknown Artefact

An Artefact that differs materially in nature, location, extent or scope from what could have been reasonably anticipated.

Construction Ethics

Moral principles and professional standards guiding decisions and behavior beyond legal or contractual compliance.

Construction Law

Minimum standards enforced by legal systems.

Ethics

Doing what is right beyond legal duties, even when not required by law or contract.