Define: Trade Contract

Trade Contract means a [locally-legal] agreement between two [parties] for the provision of labor, materials, or services towards a specific [project]

Legal accuracy standard set & glossary spot-checked by Imad Mohammed Nazar , Skadden-trained M&A lawyer, Legal Engineer at GenieAI

Trade Contract means a [locally-legal] agreement between two [parties] for the provision of labor, materials, or services towards a specific [project].

Relevant Circumstances

  • When a project owner engages a specialist to carry out a packaged scope of work
  • If responsibility for labour, materials and supply needs to be allocated by trade
  • Where local law affects the enforceability of project-related obligations

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