Explore the critical differences between a Letter of Intent (LOI), Letter of Acceptance (LOA), and Contract Agreement in procurement. Learn how each document plays a unique role in formalizing business deals and navigating procurement processes.
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The flowchart provides a detailed overview of the process and conditions under which an employer can take over works from the contractor, as per the FIDIC Yellow Book 2017. This process primarily hinges on the completion and success of the Tests on Completion, the issuance of Taking Over Certificate, and provisions for dealing with parts of the works.
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Taking Over Certificate & Retention Money Explained | Contract Expert Tips Read More »
In the context of the FIDIC Yellow Book 2017, claims generally refer to formal requests made by one party (either the Employer or the Contractor) to the other for an entitlement under the contract. These claims can be for additional payment, time extensions, or other forms of relief.
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What are the different type Claims Read More »
Explore how advanced construction contracts like Cost Sharing, Fixed Price Redetermination, and Incentive Contracts can optimize project outcomes. Learn how these contracts drive collaboration, reduce financial risk, and incentivize high performance in construction management.
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This article explores three advanced construction contract types—Cost Plus, Negotiated, and Build-Operate-Transfer (BOT)—highlighting their unique advantages, risks, and use cases.
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Exploring Advanced Construction Contracts – Cost Plus, Negotiated, and BOT Contracts Read More »
Explore the essential differences between Cost-Plus and Lump-Sum Turnkey contracts in construction. Learn about their unique benefits, challenges, and how they impact budgeting, project management, and quality control.
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Cost-Plus and Lump-Sum Turnkey Contracts: How to Choose the Best Option for Your Project Read More »
Learn the fundamentals of lump-sum and reimbursable design-build contracts, their benefits, challenges, and the impact of price adjustment clauses. This guide helps you navigate construction contract choices for successful project outcomes.
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Mastering Construction Contracts – Lump-Sum & Reimbursable Design-Build Contracts Read More »
This article provides a comprehensive overview of construction contract types commonly used in India, including Cost Plus, Lump-Sum, and Turnkey agreements, and delves into the legal frameworks that govern them. It highlights essential clauses and key factors to consider in contract selection, offering a practical guide for navigating India’s construction landscape.
This article discusses strategies for ensuring the timely delivery of design deliverables within FIDIC-based subcontracts, focusing on managing information flow and adherence to contractual timelines. It provides guidance on mitigating risks related to delays, setting clear communication protocols, and the importance of precise documentation to streamline the subcontractor’s performance.
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PC Clause 20.9 Employer’s Claims under the Subcontract in the FIDIC Yellow Book provides a structured process for addressing claims that the Employer brings against the Contractor, impacting the Subcontractor’s work. This clause outlines communication protocols, documentation responsibilities, and cost-sharing methods to handle these claims effectively, ensuring fair treatment for all parties and maintaining project momentum.
Detailed Breakdown of PC Clause 20.9: Employer’s Claims under the Subcontract Read More »
PC Clause 20.8 Related Disputes in the FIDIC Yellow Book addresses subcontract disputes connected to main contract issues.
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Detailed Breakdown of PC Clause 20.8: Related Disputes Read More »
Discover how Clause 20.7 of the FIDIC Yellow Book streamlines the resolution of Unrelated Disputes between Contractors and Subcontractors.
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Detailed Breakdown of PC Clause 20.7: Unrelated Disputes Read More »
Learn the intricacies of PC Clause 20.6 Subcontract Disputes in the FIDIC Yellow Book, a clause that categorizes disputes between Contractors and Subcontractors as Related or Unrelated.
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Related & Unrelated Disputes under FIDIC Yellow Book Read More »
Discover the critical implications of Clause 20.5 in the FIDIC Yellow Book, where the Subcontractor's failure to comply with notification and claim obligations can lead to significant financial consequences.
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Detailed Breakdown of PC Clause 20.5: Failure to Comply Read More »
Uncover the framework of PC Clause 20.4 Related Claims, a FIDIC clause that manages subcontractor claims tied to main contract issues.
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Detailed Breakdown of PC Clause 20.4: Related Claims Read More »
PC Clause 20.3 Unrelated Claim in the FIDIC framework covers claims unrelated to the main contract that arise between contractors and subcontractors.
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Detailed Breakdown of PC Clause 20.3: Unrelated Claim Read More »
Explore Clause 20.2 in FIDIC contracts, which provides a structured approach for subcontractors to raise claims.
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Breakdown and Explanation of PC Clause 20.2: Subcontractor’s Claims Read More »
Clause 20.1 in FIDIC contracts sets out critical guidelines for issuing Notices, emphasizing timely, formal communication when addressing claims.
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Detailed Explanation of PC Clause 20.1 (Notices) Read More »
Understand the Dispute Adjudication Board (DAB) Process in FIDIC Subcontracts, a structured approach to resolving disputes efficiently.
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Unlocking the Secrets of the DAB Process in FIDIC Subcontracts Read More »
This article breaks down how to determine Subcontractor’s Claims resulting from contract variations under the FIDIC framework, detailing the roles of the Contractor and Engineer.
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