A guide to measured term contracts : value for money in property maintenance and improvements

The measured-term contract is an arrangement whereby a contractor undertakes to carry out a series of work over a period of years, within a defined geographical area, and where the work is subsequently measured and valued at rates contained in a pre-priced schedule of rates.

This is an introduction covering measured-term contracts, standard forms of contract and schedules of rates, from both the client's and the contractor's points of view.