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 …
Permanent link to this article: http://www.e-basel.com/contractual/rules-of-negotiation-in-construction-contract-management/
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 …
Permanent link to this article: http://www.e-basel.com/contractual/hudson-formula/
Time Related Claims Construction Delay Claims Constructions contractors usually have a time within which or a date by which the contractor must complete the work or bring it to the stage of practical completion. There is usually a definition of completion or practical completion. completion is usually defined to be substantial completion of work. Before …
Permanent link to this article: http://www.e-basel.com/construction-claims/time-related-claims/
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 …
Permanent link to this article: http://www.e-basel.com/about-e-basel-com/why-use-e-basel/
The Basis of Contracting What is Contract? A legal document that states and explains a formal agreement between two different people or groups, or the agreement itself. What Is a Legal Contract? Legal purpose. A contract must have a legal purpose to be enforceable. For example, Steve hires Paul to kill Susan. Steve drafts an agreement outlining Paul’s responsibilities, namely to acquire a gun and shoot Susan in the head. …
Permanent link to this article: http://www.e-basel.com/contractual/the-basis-of-contracting/
Licensing and Building Claims Licensing Legislation In United Arab Emirates each State of Emirates has legislation providing for licensing of some categories of contractors. The legislation in each emirate is completely efferent. It is beyond the scope of this article to examine the differences. That would be an enormous task. However, there are some uniform …
Permanent link to this article: http://www.e-basel.com/construction-claims/licensing-and-building-claims/
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 …
Permanent link to this article: http://www.e-basel.com/construction-claims/variation-under-contract/
Construction Claims Construction Claims | Management Issues, Common Type of Claims Construction Claim can be defined as a request by either party to the contract, usually the Contractor, for compensation for damages caused by failure of the other party to fulfil his part of obligations as specified in the contract. The compensation is usually in …
Permanent link to this article: http://www.e-basel.com/construction-claims/
Financial Remedies for Breach of Contract In the bustling city of Dubai, much like in numerous other jurisdictions worldwide, construction contracts play a pivotal role in shaping the landscape of the thriving construction industry. These contracts serve as legally binding agreements that meticulously define the rights, responsibilities, and expectations of the parties engaged in a …
Permanent link to this article: http://www.e-basel.com/contractual/financial-remedies-for-breach-of-contract/
Employer’s Obligations In the complex landscape of construction projects, employers bear a significant set of obligations as part of their contractual responsibilities. While numerous duties exist, the most crucial obligations of the employer revolve around monetary aspects, specifically ensuring the payment of the contractor for completed work and providing compensation for any losses or additional …
Permanent link to this article: http://www.e-basel.com/contractual/employers-obligations/