Claims Under FIDIC Contract CLAIMS UNDER THE NEW FIDIC CONDITIONS OF CONTRACT Conditions of Contract for Construction, FIDIC Forms. It is known as ‘the Red Book’. The FIDIC Conditions are used extensively on international construction projects, notably for major infrastructure work. The FIDIC Forms are used on projects funded by the World Bank, and the drafts …
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FIDIC Orange Book
FIDIC Orange Book Orange Book Conditions of Contract for Design-Build and Turnkey First Edition 1995 Contents of Contract Book _ General Conditions _ Guidance for the Preparation of the Particular Conditions _ Forms of Tender and Agreement The Orange book was published in 1995 to provide a design and build option to the then current FIDIC …
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FIDIC RAINBOW SUITE
FIDIC RAINBOW SUITE The International Federation of Consulting Engineers In today’s world, the construction industry is expanding rapidly. With the rise in the number of infrastructure projects, it is important to have a standardized contract agreement between parties. One such agreement that has gained popularity is the FIDIC Rainbow Suite. In this article, we …
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Claims Under The New FIDIC Conditions of Contracts
Claims Under The New FIDIC Conditions of Contracts This article reviews of the requirements and procedures for the FIDIC Conditions of Contract from a practical point of view with regard to the Dispute Adjudication Board. It is a practical guide rather than a detailed legal analysis, to assist engineers and others will use construction contracts. …
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Alternative Disputes Resolution – ADR
Alternative Disputes Resolution Definition Besides than court system, there are other ways for people to solve their disputes. Due to the inefficiency of the court system, two main alternative dispute resolutions such as mediation and arbitration are to be introduced. Alternative Disputes Resolution also known as ADR refers to settling the disputes outside the court. ADR …
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Advantages Of Arbitration
Advantages Of Arbitration Benefits of Arbitration, Adjudication, mediation, mediator, negotiation, conciliation, Did you know that more than 80% of disputes can be resolved without ever stepping into a courtroom? In today’s fast-paced and interconnected world, traditional litigation often feels like a cumbersome and expensive route to resolving conflicts. This is where Alternative Dispute Resolution (ADR) …
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Arbitration
Arbitration Adjudication, mediation, mediator, negotiation, conciliation, intervention ADR | Alternative Dispute Resolution | Procedure What is Arbitration? Arbitration is a procedure in which a dispute is submitted, by agreement of the parties, to one or more arbitrators who make a binding decision on the dispute. In choosing arbitration, the parties opt for a private dispute …
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Litigation and Arbitration
Litigation and Arbitration Litigation and arbitration serve as pivotal mechanisms for resolving disputes in legal contexts, offering structured processes to address conflicts efficiently and fairly. In litigation, parties present their cases before a court, where judges or juries adjudicate based on legal interpretations and evidence presented. This formal process adheres to procedural rules and judicial …
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