Construction

FIDIC Golden Principles: Building Fair & Balanced Contracts Worldwide

Golden Principles

Unlock the secrets of the FIDIC Golden Principles with Growth Mindset Company. Explore our in-depth guides and tips on navigating construction contracts for project success. Master FIDIC contracts and elevate your project management skills with our expert insights.

Insight Seeker Yearly Membership Required

You must be a Insight Seeker Yearly member to access this content.

Join Now

Already a member? Log in here

FIDIC Golden Principles: Building Fair & Balanced Contracts Worldwide Read More »

Understanding Breach of Contract in FIDIC Agreements: Key Clauses & Implications

Breach of Contract

A breach of contract in general terms occurs when one party to a legally binding agreement fails to fulfill their obligations as stipulated in the contract. This failure can manifest in various forms, such as not performing as agreed, not performing on time, or not performing at all. Breaches can be categorized into material or fundamental breaches, minor or partial breaches, and anticipatory breaches.

Insight Seeker Yearly Membership Required

You must be a Insight Seeker Yearly member to access this content.

Join Now

Already a member? Log in here

Understanding Breach of Contract in FIDIC Agreements: Key Clauses & Implications Read More »

Clause 15.3: Ensuring Fair Valuation in Contract Termination

Clause 15.3: Ensuring Fair Valuation in Contract Termination

Clause 15.3 ensures that, upon termination of the contract by the Employer, the Contractor is fairly compensated for the work done and materials provided up to that point. This clause safeguards the financial interests of the Contractor, ensuring they are not left uncompensated for their contributions if the contract is terminated.

Insight Seeker Yearly Membership Required

You must be a Insight Seeker Yearly member to access this content.

Join Now

Already a member? Log in here

Clause 15.3: Ensuring Fair Valuation in Contract Termination Read More »

Scroll to Top