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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Project Manager Skills and Functions Skills required for Project Manager A project manager is a person who has the overall responsibility for the successful initiation, planning, design, execution, monitoring, controlling and closure of a project. Construction, petrochemical, architecture, information technology and many different industries that produce products and services use this job title. Project management …
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FIDIC DBO Contract DBO Contract Conditions of Contract for Design, Build and Operate Projects First Edition 2008 Contents of Contract Book _ General Conditions _ Particular Conditions _ Sample Forms Following publication of the Orange Book in 1995 and the Red, Yellow and Green Books in 1999 it became clear that there was a growing need …
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FIDIC Silver Book Introduction to FIDIC Silver Book Introduction FIDIC – the International Federation of Consulting Engineers – published in September 1999 a suite of four new Standard Forms of Contract. This new suite comprises: Conditions of Contract for Construction for Building and Engineering Works Designed by the Employer : The Construction Contract Conditions of …
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FIDIC Orange Book Orange Book Conditions of Contract for Design-Build and Turnkey First Edition 1995 Contents of Contract Book _ General Conditions _ Guidance for the Preparation of the Particular Conditions _ Forms of Tender and Agreement The Orange book was published in 1995 to provide a design and build option to the then current FIDIC …
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FIDIC Yellow Book FIDIC Yellow Book Conditions of Contract for Plant and Design-Build For electrical and mechanical plant, and for building works, designed by the Contractor First Edition 1999 The Yellow Book provides conditions of contract for construction works where the design is carried out by the Contractor. The current Yellow Book bears little resemblance to its predecessors. The …
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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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What is the difference between Management Contracting and Construction Management. Management Contracting Management contracting is appropriate for large scale projects requiring an early start on site. The design is undertaken on behalf of the employer and this procurement route is ideal where work needs to be started before the design on the project is completed. …
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