Choosing the Right Contract in Construction: A Guide to Getting It Right Imagine this: You’re starting a construction project. The excitement is high, but so are the risks. What if something goes wrong? How do you ensure everyone sticks to their part of the deal? The answer lies in construction contracts. But picking the right …
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Understanding Liability for Omitted Work in Construction Contracts
Understanding Liability for Omitted Work in Construction Contracts Introduction Imagine this: You’re a contractor who has spent countless hours and substantial resources preparing for a project, only to find out that a significant portion of the work has been omitted from your contract and given to another contractor. It’s a frustrating and all-too-common scenario in …
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What is the Difference Between a Fitness for Purpose Responsibility
What is the Difference Between a Fitness for Purpose Responsibility and an Obligation to Exercise Reasonable Skill and Care? Imagine you’re a constructor building a bridge. You’ve done your calculations, followed standard procedures, and ensured every detail is in order. But what happens if the bridge collapses? Who’s responsible? This scenario highlights a critical …
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How to Deal with Provisional Sums Under FIDIC 1999
How to Deal with Provisional Sums Under FIDIC 1999: A Guide for UAE Construction Professionals How to Effectively Manage Provisional Sums in FIDIC 1999 Contracts Introduction Did you know that provisional sums are often the source of significant misunderstandings and disputes in construction contracts? In the UAE, where construction projects are often ambitious and complex, …
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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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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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Interest and Damages
Interest and Damages. Damages in Construction Claim | Interest Interest is either interest as a component of the claim, or interest after the award. Each is for different period of time. the rates may also different. Interest can be a very substantial component of the claim. Sometimes, by the time the claim comes to trail, …
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