FIDIC Quantum Meruit Under FIDIC — Recovery Where No Price Exists Where a FIDIC contract is incomplete, ambiguous, or where work is performed outside the contract scope without an agreed price, quantum meruit may provide recovery — but on a fair value basis, not necessarily the contract price or the contractor’s tender rate. 5 min …
Tag: British Steel v Cleveland Bridge
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Apr 23
Letters of Intent in Construction: Binding Effect | E-Basel
Home › Knowledge Hub › Contract Letters of Intent: Binding Effect and Legal Exposure in Construction Letters of intent are meant to bridge the gap between tender award and contract signature. In practice, they are one of the most poorly drafted instruments in the industry — and a disproportionate source of construction disputes. 6 min …
Permanent link to this article: https://www.e-basel.com/fidic/letters-of-intent-in-construction/