Alternative Building Contract For Private Sector Contracts

Alternative Building Contract For Private Sector Contracts

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Jointly published by the Construction Industry Federation, Engineers Ireland and the Society of Chartered Surveyors Ireland

Better allocation and management of risk and improved transparency around project costs, are some of the benefits of a new form of contract now available for use by Ireland’s construction industry. Entitled: Private Sector Contract (PSC) for Building and Engineering Works designed by the Employer, this new contract and its associated Form of Agreement and Schedule were jointly launched and published this morning (15 September) by its three sponsoring organisations, the Construction Industry Federation (CIF), Engineers Ireland and the Society of Chartered Surveyors Ireland, (SCSI). The new contract is suitable for all medium to large-scale building or civil engineering works here in Ireland, where the design of the project has been provided by the employer, i.e. the client.

The new Conditions of Contract have been drafted with the objective of achieving a fair and balanced allocation of risk between the parties in order to promote long-term sustainable efficiency in the Irish construction industry.  Specifically, risk has generally been allocated to the party best able to bear and manage it.

Launch of Private Sector Contract

Force Majeure and the Private Sector Contract

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