Tag: extension of time

Variation Claims in FIDIC Contracts: Pricing, Time & Procedure | E-Basel

FIDIC Variation Claims in FIDIC Contracts: Pricing, Time and Procedure Variations are a major source of disputes in construction projects. Understand how variations are priced, when you are entitled to time extensions and prolongation costs, and how to follow FIDIC procedures to protect your claims. 10 min read · Updated 25/04/2026 By Basel Al Najjar …

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Lump Sum Contract VS FIDIC 99 Contract

Lump Sum Contract VS FIDIC 99 Contract Lump Sum Lump Sum Typically used with Design-Bid-Build method of project procurement. a. A lump sum contract, sometimes called stipulated sum, is the most basic form of agreement between a supplier of services and a customer. The supplier agrees to provide specified services for a specific price. The …

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