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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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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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 …
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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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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 Red Book The New 2017 FIDIC Red Book FIDIC Red Book Introduction and FIDIC Core Principles Second Edition 2017 (first Ed 1999): Red Book – Conditions of Contract for Construction for Building and Engineering Works Designed by the Employer; Yellow Book 1999 – Conditions of Contract for Plant and Design Build, for Electrical …
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Damage Quantification Experts Damage Quantification Experts Direct & Indirect Construction Claims Construction claims are often the result of cost overruns, time delays or construction defects, all of which are qualitatively visible. Quantification of damages associated with construction claims is a diligent effort, as they are often intertwined between various aspects of the project, such as …
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Construction Claims Engineering Construction Claims Navigating Engineering Construction Claims The construction industry is highly competitive and complex, requiring meticulous attention to detail in the formation of construction contracts. Ensuring that contracts are fair, feasible, and clearly define liability and obligations can help prevent potential issues, reduce performance disputes, and ensure timely payment for work performed. …
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