Commitment

real estate agent with House model and customer discussing for the contract to buy house, insurance

Businesses that undertake construction by undertaking the construction of a structure whose ownership will belong to others are called “Construction Contracting Businesses”. As it is understood from the definition, construction contracting enterprises undertake construction activities on behalf of real and legal persons who want to have construction done. This relationship starts with a contract between the employer (the real or legal person who will have the construction done) and the construction contracting business.
Prior to the contract between the employer and the construction contractors for the construction of the building, there are certain actions that the employer must take.

  • Preparation of the project,
  • Determination of the cost of exploration,
  • Determination of the pricing method,
  • Determination of the bidding method,
  • Putting the project out to tender.