NB: In the construction industry, the term “Enabling Works” generally refers to site preparation work that may take place prior to work under the main construction contract. Commitment The result of the formalization of an agreement by an act of acceptance. Can also be used to describe the financial value of an agreement – the amount committed. Agreement A generic term of legally binding commitment between the buyer and the supplier with respect to the obligations, relationships and responsibilities between them, commonly referred to as a contract. In the simplest form, an agreement can be oral. The most common approach is to do this in writing, either with a standard document (see order) or a specially prepared document (often called a contract). Once an agreement has been reached, there is an obligation. To a large extent, an enabling agreement or enabling contract is similar to a handshake agreement, since the parties to the agreement agree on an exchange (e.g. B for the supply of goods or services for remuneration), which sets the very extensive conditions, but does not lay down detailed conditions. Assignment/Novation Under the law, a party may not unilaterally transfer or assign its commitments or obligations under a contract, but it may assign its rights or some of them. A party may assign its commitments and obligations to a third party, but only if there is a trilateral agreement between the parties concerned.
Such an agreement is called “Novation”. (does not apply to Scotland) Services A convener for all material things that the supplier or supplier must provide in accordance with the agreement. This is a form of “possibility” with a supplier that covers the conditions (including price) of purchases under the agreement, usually arranged by a central body and in which buyers “appeal” to meet their requirements. Unless a certain amount of delivery has been promised for a given period of time, the agreement only becomes legally binding at the time of the call. Retained A portion of the contract price, retained by agreement between the parties for an agreed period after acceptance of the product, until it can be proven that it fully complies with the specifications for daily use. . . .