Nov 14
The Importance of Record-Keeping in Construction Claims: A Contractor’s Guide “The Impact of Accurate Record-Keeping on Contractor Claims for Additional Payment” Ever wondered what could happen if a contractor or subcontractor skips out on keeping accurate, timely records? In the high-stakes construction industry, can this oversight really mean the difference between winning and losing a …
Permanent link to this article: https://www.e-basel.com/project-management/the-importance-of-record-keeping-in-construction-claims-a-contractors-guide/
Nov 14
When a Contractor is Granted an Extension of Time, Is There an Automatic Right to Recover Loss and Expense? Understanding Extensions of Time in FIDIC and NEC3 Contracts In General the answer is No, an extension of time (EOT) does not automatically entitle a contractor to recover loss and expense. While an EOT acknowledges that …
Permanent link to this article: https://www.e-basel.com/project-management/when-a-contractor-is-granted-an-extension-of-time-is-there-an-automatic-right-to-recover-loss-and-expense/