We use cookies to improve your website experience. To learn about our use of cookies and how you can manage your cookie settings, please see our Cookie Policy. By continuing to use the website, you consent to our use of cookies. Close


Construction Law

CHAPTER 20 SUBCONTRACTS, ASSIGNMENT, NOVATION, WAIVER AND ESTOPPEL Page 1512 Introduction 20.01 A construction contract is a compact of rights and obligations. The right of a party to a contract is usually the expectation that the other party will conduct itself in a particular way. Where an owner engages a contractor to perform certain work, the owner is entitled to expect the contractor to perform the work in question, and the contractor is entitled to look to the owner for payment for that work. The mutual expectations of each party represent rights, the flipside of which are obligations on the other party to do what it has promised to do (or not do that which it promised not to do). The allocation of risk and responsibility as between the parties to a contract is essentially a matter to be worked out between themselves.

The rest of this document is only available to i-law.com online subscribers.

If you are already a subscriber, please enter your details below to log in.

Enter your email address to log in as a user on your corporate account.
Remember me on this computer

Not yet an i-law subscriber?


Request a trial Find out more