Contract B

Short description: Concept in Canadian law

Contract B is a concept in Canadian law. A Contract B is formed when an Owner formally accepts a Bid or, colloquially, a submission of price. Only a single Contract B is formed between the Owner and the successful bidder. The term Contract B is used to differentiate the actual construction contract from the tender contract or Contract A (a concept introduced by the Supreme Court of Canada, in R. v. Ron Engineering and Construction (Eastern) Ltd).^[1] Tied to the concept of Contract A, Contract B is a place holder in the concept, a marker at the end of a formalized process of equitable treatment of both bidders and owners.^[2] In many ways it is more of an academic detail within the Contract A - Contract B concept, but can also be thought of as a label for the actual construction contract.

References

↑ Marston, Donald. Law for Professional Engineers: Canadian and Global Insights (5 ed.). Mc Graw Hill. pp. 131-139. ISBN 126013590X.
↑ Government Procurement, Fourth Edition, by Paul Emanuelli, p. 125, Published by Lexis Nexis Canada, Year of Publication: 2017, ISBN:978-0-433-47454-8

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[1] Marston, Donald. Law for Professional Engineers: Canadian and Global Insights (5 ed.). Mc Graw Hill. pp. 131-139. ISBN 126013590X.

[2] Government Procurement, Fourth Edition, by Paul Emanuelli, p. 125, Published by Lexis Nexis Canada, Year of Publication: 2017, ISBN:978-0-433-47454-8

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[2]

Contract B

Topic: Finance

See also

References