Recently, many Employers, Contractors, and Engineers have expressed their interest in the dispute settlement procedures in FIDIC Pink Book 2010. These interests originated from the characteristics of projects that use FIDIC Pink Book 2010, which is the substantial sponsorship provided by multilateral development banks and large financial institutions for these types of projects.
Commericial Contract Drafting Skills Almost all medium and large enterprises that require strict discipline value drafting and negotiating commercial contract skills. This is largely due to the importance of a proper contract in determining the success of the enterprise’s business and in maintaining said success. So what are the commercial contract drafting skill? Together with…
Residential construction contracts are contracts that, in addition to the basic content required of any contract, contains information related to the construction field. This is an area that requires a certain level of expertise to completely understand the information and terms outlined in contracts. It also helps you negotiate and reach agreements with the construction…
Residential construction contracts are contracts that, in addition to the basic content required of any contract, contains information related to the construction field. This is an area that requires a certain level of expertise to completely understand the information and terms outlined in contracts. It also helps you negotiate and reach agreements with the construction…
An Introduction to the FIDIC 1999 Contracts is the last course which CNC introduce to the FIDIC users in Vietnam in 2021.
Penalty and compensation for damage in the FIDIC contract 1999 Penalty and compensation for damage in the FIDIC contract is always a hot issue in contract disputes settlement. The two issues of Penalty and Compensation for damage caused by the breach of this Contract’s obligations are also of topics often discussed by law practitioners but…
Penalty and compensation for damage in the FIDIC contract is always a hot issue in contract disputes settlement The two issues of Penalty and Compensation for damage caused by the breach of this Contract’s obligations are also of topics often discussed by law practitioners but have not yet found a common voice. Commonly discussed issues…
THE ROLE OF A LETTER OF ACCEPTANCE IN ACCORDANCE WITH FIDIC A Letter of Acceptance plays an essential role in many aspects of managing FIDIC contracts. First and foremost, as a constitutive part of the Contract document, the Letter of Acceptance is a reflection of the results of the tender, recording the agreement between the…
“Why should you choose FIDIC Contract?” is an important question that always pops up whenever construction contracts are concerned. Ever since its first inception in 1957, FIDIC Contract Form has been continuously improved to meet the growing demands of various group of users in all part of the globe. Therefore, in order to gain a…
