![FIDIC 99 Redbook - A commentary and a practical guide to Sub-Clause 12.3 [Evaluation]](/img/cost.jpg)
FIDIC Redbook 99 is a remeasured contract Sub-Clause 12.3 requires the Engineer to agree and/or determine the Contract Price by applying the appropriate rate and measurement for each item of work. This covers star rates, principle of similarity and many more topics.
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Contracts are normally complete when its parties have performed its terms. However, in some cases, contracts can come to an end in other ways. There are many ways to end a contract without being completed. Common ways to terminate a contract are rescission and repudiation. It is important to know the difference in the reasons and effects of a contract repudiation and rescission.
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FIDIC 99 Redbook Conditions of Contract allows the parts of the Works to be specified as "Sections". Sections are defined in Sub-Clause 1.1.5.6 of the General Conditions of Contract as a part of the Works specified in the Appendix to Tender as a Section (if any).
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Behind the relatively simple contract agreement, construction contracts consist of many long, complicated and boring documents that parties neglect to study the contract documents in detail. ere are some of the most important construction contract clauses that you need to look out for
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It is quite common to take a claim submitted by a contractor personally and consider it a big issue, while labelling a contractor who claims his rights under the contract as a "claim-oriented" contractor, which is perceived as a bad thing. However, claims in a construction project is not the issue, it is merely a symptom of early and unresolved errors.
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This article is the third part of the contract administration course, which discuss the basics of construction contract administration.
Read More →This article is the second part of the contract administration course, which discuss the basics of construction contract administration.
Read More →This article is the first part of the contract administration course, which discuss the basics of construction contract administration.
Read More →There is a very fine line between minimalism and simplicity. While both words are often used interchangeably, they don't always mean the same thing. In my opinion, minimalism is the art of using the least quantity of elements to create the maximum efficiency and effect.
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Ahmed Mohamed is a Mechanical Engineer by study and construction contracts administrator. Ahmed has been responsible for the entire contract lifecycle of several large projects, including tender management process, contract drafting, claim preparation and resolution. Ahmed is also knowledgeable in project planning and delay analysis. When out of office, Ahmed usually spends his time with family or programming and playing Football Manager.