Contract Allocation
/ˈkɒn.trækt ˌæl.əˈkeɪ.ʃən/
Definitions
- (n.) The process of distributing contractual responsibilities, rights, and resources among parties or subcontracts within an agreement.
The contract allocation between the main contractor and subcontractors was clearly outlined in the project documents.
Forms
- contract allocation
- contract allocations
Related terms
See also
Commentary
Contract allocation often arises in complex projects to clarify duties and avoid disputes; careful drafting specifies the scope and limits of each allocated portion.
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