Does Faith (Good) Matters in Construction Contracts? The Importance of Faith in Construction Contracts: A Key Factor for Success Introduction: The Significance of Faith in Construction Contracts Construction contracts are complex legal agreements that govern the relationships and obligations between various parties involved in a construction project. While the terms and conditions of a …
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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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Contractual Problems and Solutions Contractual Problems An overview of common provisions and contractual issues for organizations. A contract is a binding agreement between two or more parties, defining the expectations of each participant. This legally enforceable arrangement should make doing business easier – however underlying issues can lead to disputes. Here are four tips to …
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