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.
Clause 15.3: Ensuring Fair Valuation in Contract Termination Read More »
Our comprehensive guide to understanding Clause 14.9 in contracts provides insights into the payment of retention money. Learn how this clause operates, its implications for contractors and clients, and its unique features compared to other payment clauses.
Understanding Clause 14.9: Mastering Payment of Retention Money in Contracts Read More »
![Sub-Clause 14.7 ["Payment"]](https://wisdomwaveshub.com/wp-content/uploads/2023/11/image-26-1024x729.png)
Clause 14.8 addresses the consequences faced by the Employer if they fail to make timely payments to the Contractor as per the terms outlined in Sub-Clause 14.7 ["Payment"]. This clause is crucial in safeguarding the Contractor's financial interests.
Clause 14.8 – What happens if the Payments are Delayed Read More »
Clause 14.2 of the FIDIC Yellow Book 1999 addresses the provision of an advance payment by the Employer to the Contractor.
Decoding Clause 14.2: Navigating Advance Payments in FIDIC Contracts – Myths vs. Reality Read More »
Welcome to this comprehensive guide on understanding variations in construction projects. As per the FIDIC Yellow Book, 1999, if you're new to the world of construction contracts, don't worry. I'll break down each step in a way that's easy to grasp.
“Mastering the FIDIC Yellow Book 1999: Clause 13.0 VARIATIONS AND ADJUSTMENTS” Read More »
This clause ensures that the Contractor is fairly compensated for any loss of profit or other damages sustained as a result of the termination.
The clause outlines the conditions under which work can be ceased and the procedures for removing equipment. Failure to adhere to the stipulations of this clause can lead to legal repercussions, including penalties and potential termination of the contract.
Detailed Explanation of Clause 1.1.2 Parties and Persons
Detailed discussion on General Provisions Clause 1.1.2 Parties and Persons Read More »
The clause outlines the procedures and consequences if the Contractor fails to remedy any defects or damages within a reasonable time frame.
[FIDIC Yellow Book] Clause 11.4 Failure to Remedy Defects Read More »
The clause serves to extend the defects notification period under specific conditions, providing flexibility for both the contractor and the employer.
Comprehensive Analysis of Clause 11.3 Extension of DNP Read More »
Clause 11.2 explicitly states that the Contractor is responsible for the cost and risk of remedying defects in specific scenarios. This clause serves as a financial safeguard for the Employer by clearly delineating the conditions under which the Contractor must bear the costs.
Comprehensive Analysis of Clause 11.2 “Cost of Remedying Defects Read More »
The primary purpose of Clause 6.10 is to ensure transparency and accountability regarding the Contractor’s Personnel and Equipment deployed on the project site.
Interpretation of Clause 6.10 Records of Contractor’s Personnel and Equipment Read More »
Dive into the intricacies of Clause 5.7 in FIDIC contracts to understand its pivotal role in ensuring project success. Learn about its implications, compliance requirements, and how it ties into other essential clauses.
Understanding Clause 5.7: The Importance of Operation and Maintenance Manuals Read More »
Clause 20.3 serves as a safety net in the FIDIC contract framework, ensuring that the Dispute Adjudication Board (DAB) remains functional even when parties fail to agree on the appointment of a new member.
Failure to Appoint DAB or DAAB under FIDIC: Clause 20.3 vs 21.2 Explained in Depth Read More »
The primary purpose of Clause 20.2 is to establish the Dispute Adjudication Board (DAB), a neutral body intended to resolve disputes between the contracting parties.
FIDIC Clause 20.2 vs 21.1: Dispute Board Appointment Explained (1999 vs 2017) Read More »
The primary objective of Clause 4.23 is to regulate the contractor’s activities on the construction site and any additional areas mutually agreed upon.
Contractor’s Operations on Site – Key Differences Between FIDIC 1999 vs 2017 Explained Read More »
Curious who’s responsible for site security under FIDIC contracts? Dive into Clause 4.22 (1999) and Clause 4.21 (2017) to discover key differences, real-world examples, and a practical checklist every contractor and employer should know!
FIDIC Clause 4.22 vs 4.21: Security of the Site Explained (1999 vs 2017 Edition) Read More »
Confused about what to include in your FIDIC progress reports? Discover the key differences between Clause 4.21 (1999) and Clause 4.20 (2017), including report structure, legal implications, checklists, and sample letters — all broken down in a practical, engaging guide for contractors and engineers alike.
Progress Reports Under FIDIC 1999 & 2017: Clause 4.21 vs 4.20 Explained Read More »
Clause 4.19 in the FIDIC contract is designed to ensure the supply and usage of essential utilities, namely electricity, water, and gas, during the execution of a construction project.
📘 Clause 4.19 – Temporary Utilities (2017) / Electricity, Water and Gas (1999) Read More »
Clause 4.18 from the FIDIC Yellow Book 1999 emphasizes the importance of environmental protection during the execution of the works.
Extensive Explanation of Clause 4.18 “Protection of the Environment” Read More »
