Contractor Entitled to be Paid Acceleration Costs: Debunking the Myths In the realm of construction projects, one contentious issue that often arises is whether a contractor is entitled to be paid acceleration costs. The question of whether the contractor should be compensated for additional expenses incurred due to project acceleration has been the subject of …
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Does an Accepted Quotation by a Contractor/Subcontractor Include Result Delay Costs? Where a contractor/ subcontractor submits a quotation for extra work which is accepted, is the accepted quotation deemed to include for any result delay costs? In general, whether an accepted quotation for extra work includes result delay costs would depend on the specific terms …
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Rules of Negotiation in Construction Contract Management Negotiation plays a critical role in contract management, as it is often the key to securing tenders, business deals, and project opportunities for companies and other multinational organizations. The negotiation process involves two or more parties coming together to reach a common resolution or agreement for a shared …
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Hudson Formula The so-called “Hudson Formula” is a topic of considerable debate within the legal and engineering communities. However, it is crucial to recognize that this formula lacks a solid foundation in both law and logic. Generally, it is widely accepted that damages and off-site overheads cannot be accurately determined through a rigid formula. While …
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Why Use e-basel Administered Arbitration Rules for your Commercial Disputes? We understand your needs. E-basel rules were created by users, for users—so we’ve been you, we get you and we’ve got you covered. Your corporate dispute is stressful enough. Whether for an administered matter or any number of other services that e-basel offers, let our experienced and …
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Ethics & Responsibility E-basel pledges to lead by example, maintaining and reinforcing a world class ethical practice and an unwavering culture of excellence. We pride ourselves in our reputation and a scrupulous regard for high standards of personal conduct and integrity. E-basel is built upon the principles of fair dealings and ethical conduct and we …
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VISION & MISSION VISION We, e-basel.com believe in Arbitration as a best way to resolve the dispute, and our vision is to be a prominent dispute resolution leader in the GCC through e-basel.com unique portal . Transforming Dispute Resolution in the GCC: e-basel.com’s Vision for Arbitration Excellence Introduction In the dynamic landscape of …
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Extensions of Time What is Extension of Time (EOT)? Extension of Time (EOT) is a delay which could not be reasonably foreseen at the time of contract signing. The granting of an Extension of Time relieves the contractor from liability of damages such as Liquidated Damages from the original date of contract completion for the period …
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Variation Claims Under Contract Construction Variation Claims Construction variation claims refer to disputes that arise when changes are made to the original scope of work agreed upon in a construction contract. These changes can include alterations to the design, materials, or schedule of the project, and can be initiated by either the client or the …
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Legal Categories of Claims Debt and statutory debt The word “ Debt” is used to describe the amount owed by one person to another person , and also describe a legal category of claim. The cause of action is said to be “debt”. For example, a loan of money creates a debt. The lender who …
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