📘 CPWD Contracts vs. FIDIC Red Book: A Comparative Analysis for the Indian Construction Industry
CPWD Contracts vs FIDIC Red Book – Discover major differences in dispute resolution, risk, EOT, and payments for Indian construction professionals.
liquidated damages
Liquidated Damages/Delay Damages: A Deep Dive into FIDIC’s Clause 8.7
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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Employer’s Entitlement to Termination in Construction Contracts
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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Dodge Conflict: Navigate Contract Termination Settlements Like a Pro
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].
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