Dive into the intricacies of Clause 18.1 General Requirements for Insurances under the FIDIC Yellow Book 1999. This comprehensive guide elucidates the critical roles and responsibilities in managing insurance obligations in construction contracts, offering valuable insights for contractors and employers alike.
Clause 18.1 General Requirements for Insurances Read More »
Navigating the complex world of construction contracts is akin to mastering a strategic game where every move counts. These contracts are not just legal documents; they are the blueprints of trust, expectations, and responsibilities between parties involved in a construction project. In this section, we delve deeper into the fundamentals of construction contracts, highlighting their unique aspects in the construction industry.
Mastering the Art of Negotiation in Construction Contracts Read More »
A Breach of Contract represents a failure to fulfill one’s obligations as defined in the contract. These breaches can vary significantly in their nature and severity, and understanding the different types is crucial for effective contract management and legal recourse.
Breach of Contract Types Read More »
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.
Breach of Contract definition Read More »
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.
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Understanding Breach of Contract in FIDIC Agreements: Key Clauses & Implications Read More »
In the realm of construction contracts, particularly under the FIDIC Yellow Book 1999, the concept of liquidated damages is pivotal. Clause 8.7, focusing on Delay Damages, is a key provision that governs the consequences of delayed project completion.
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Liquidated Damages/Delay Damages: A Deep Dive into FIDIC’s Clause 8.7 Read More »
Clause 15.5 in the FIDIC Yellow Book 1999 addresses the Employer's right to terminate the contract at their convenience. This clause is significant as it provides the Employer with the authority to end the contract without the Contractor being in breach.
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Employer’s Entitlement to Termination in Construction Contracts Read More »
Clause 15.4 in the FIDIC Yellow Book 1999 outlines the procedures and obligations regarding payments after the termination of a contract. This clause becomes relevant when a contract is terminated, particularly under the provisions of Sub-Clause 15.2 [Termination by Employer].
Dodge Conflict: Navigate Contract Termination Settlements Like a Pro Read More »
Clause 14.3 places a pivotal responsibility on the Contractor to initiate the payment process by submitting a detailed Statement to the Engineer.
Interim Payment Certificates: FIDIC Yellow Book Explained (1999 vs 2017) Read More »
FIDIC Clause 9.2 Delayed Tests explained with real examples, checklists, sample letters & golden principle-based improvements. Essential for contract pros!
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FIDIC Clause 9.2 Delayed Tests – Full Analysis with Letters & Checklists Read More »
Time for Completion Clause in FIDIC explained with real scenarios, checklist, sample letters, and best practices—essential for Engineers, Contractors & Employers!
