FIDIC Finance Charges on FIDIC Claims — Interest and Compound Costs When employer-caused delay or non-payment forces a contractor to borrow or defer investment, the cost of that financing is recoverable as loss and expense. Yet it is routinely omitted from claims — leaving significant money on the table. 5 min read · Updated 23/05/2026 …
Tag: delay damages
Permanent link to this article: https://www.e-basel.com/fidic/finance-charges-on-fidic-claims-e-basel/
Apr 27
Liquidated Damages & Penalty Rule in UAE Construction | E-Basel
Claims » Extensions of Time Liquidated Damages — Genuine Pre-Estimate Requirement Liquidated damages give the employer a simple, certain remedy for late completion — without proving actual loss. But a clause that imposes a sum wildly disproportionate to likely loss may be unenforceable as a penalty. The modern test is not what most practitioners remember …
Permanent link to this article: https://www.e-basel.com/construction-claims/liquidated-damages-penalty-rule-in-uae-construction-e-basel/
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About the Expert
Basel Al Najjar
Civil Engineering Consultant · Accredited Expert Witness
Arbitrator · Senior Project Manager
Specialising in construction claims, FIDIC contracts, and dispute resolution across the UAE. Acting as Arbitrator, Tribunal Chairman, and Independent Expert in high-value, multi-party disputes.
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