Standard form is a printed forms which issued by bodies. The forms include certain terms of conditions which involving parties will carried out and no negotiations about it. For example : PAM (Pertubuhan Akitek Malaysia) Standard Form 2006. When parties agree to use PAM Standard Form 2006, the parties must agree in 40 clauses within.
What are the advantages of using the standard form? The most important thing is no need to drafting and no need to worry about uncertain terms in the contract. Standard form also spread risk equally to the employer and a contractor.
What are the disadvantages of using the standard form?the terms of conditions in the forms is not easy to understand. Interpretation between parties can be different that can arise disputes. Changes or revision in form will occurs in the future according to changes of life. When life changes, everything will changes🙂.