Understanding General Contracting: A Comprehensive Guide for the UAE Audience Introduction Did you know that over 60% of construction projects in the UAE are procured using general contracting methods? This traditional approach to construction, which separates design and building, has been a cornerstone of the industry for decades. But with evolving market demands and innovative …
November 2024 archive
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Nov 15
What Are “Entire Contracts” and How Relevant Are They in the Construction Industry?
What Are “Entire Contracts” and How Relevant Are They in the Construction Industry? The Pros and Cons of Entire Contracts in Construction Introduction: Setting the Foundation Imagine starting a large construction project only to discover halfway through that unexpected costs have derailed your budget. For many employers, this is a nightmare scenario, and to avoid …
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Nov 14
The Importance of Record-Keeping in Construction Claims: A Contractor’s Guide
The Importance of Record-Keeping in Construction Claims: A Contractor’s Guide “The Impact of Accurate Record-Keeping on Contractor Claims for Additional Payment” Ever wondered what could happen if a contractor or subcontractor skips out on keeping accurate, timely records? In the high-stakes construction industry, can this oversight really mean the difference between winning and losing a …
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Nov 14
When a Contractor is Granted an Extension of Time, Is There an Automatic Right to Recover Loss and Expense?
When a Contractor is Granted an Extension of Time, Is There an Automatic Right to Recover Loss and Expense? Understanding Extensions of Time in FIDIC and NEC3 Contracts In General the answer is No, an extension of time (EOT) does not automatically entitle a contractor to recover loss and expense. While an EOT acknowledges that …
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