Tag: NEC3 cost recovery.

Nov 14

When a Contractor is Granted an Extension of Time, Is There an Automatic Right to Recover Loss and Expense?

By Basel Al Najjar in Project Management
November 14, 2024

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 …

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Tag: NEC3 cost recovery.

When a Contractor is Granted an Extension of Time, Is There an Automatic Right to Recover Loss and Expense?

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