An Overview of Tendering and Contract Formation (Part 1) General law governing tenders and contracts
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The aim of this course is to provide a high level overview of tendering construction contracts and the subsequent formation of these contracts and the legal rules that govern these processes.
After studying this course, you should be able to:-
1. Describe how the general law of contract governs tendering of construction contracts, and how the statutory rules, on payment and the settlement of disputes, can apply only to construction contracts.
2. Explain tendering and contract formation process.
3. Outline the formation of contracts by a process of tendering.
4. Explain the legal concept of Offer.