The last day of June, 2018 remarked a new milestone in our journey to have a chance sharing insights of FIDIC 1999 Contracts at Centralcons – a new potential contractor in the construction market with the rapid speed of development in Vietnam. A year after its establishment, Centralcons has been continuously awarded by prestige investors…
CNC introduced Key Changes in FIDIC Contract 2017 to Cofico in Jun 2018 Promptly after FIDIC introduced its new suite of FIDIC Contract 2017 in December 2017 at FIDIC International Users’ Conference in London, CNC was invited by Cofico to prepare and present the Key Changes in FIDIC Contract 2017 compared to FIDIC Contract 1999….
What to expect from your FIDIC dispute adjudication board members A dispute adjudication board (DAB) aims to stop disputes over FIDIC contracts ending up in commercial arbitration. FIDIC is the International Federation of Consulting Engineers, known by its French acronym. It was formed in 1913, with the objective of promoting the interests of consulting engineering…
In the middle of May 2018, CNC was engaged by Eurowindow JSC to advise, negotiate for two Nominated Subcontracts with Construction JSC No.1 (COFICO) and Coteccons JSC (COTECCONS) – two general contractors of the South Vietnam, to execute the Façade Package of Development South Hoian Project invested by Development South Hoian Ltd. Even though CNC…
Whilst remaining its leading market position as a trust-worthy law film offering tailored legal services and contracts in real estate, construction and hotel management, CNC is also well-known for its efforts to develop the next generation of lawyers. One of the typical, annual activities that CNC pays special attention to is the “I’m a Lawyer…
Recently, CNC has negotiated and collected successfully more than $1.1 millions of debt for MEPG-HTE Myanmar LTD,. This dispute involves the debt between Living Square Co., Ltd, the Employer and MEPG-HTE, the Contractor. The Employer and the Contractor have entered the M&E Works Contract to execute, complete the M&E package and remedy any defect therein…
General Information It is indicated that one of the areas that Vietnamese practitioners found difficult in construction projects was the use of unfamiliar FIDIC contract forms. CNC is proud to introduce the 1999 FIDIC contracts which are reputed as the leading contracts in international engineering and construction projects. Participants will learn how to: Recognise the…
After 17 years of application in reality, Red Book, Yellow Book and Silver Book of the First Edition 1999 (Rainbow Suite of Contracts) were revised by FIDIC and introduced at International Contract Users Conference on 5 December 2017. As an attempt to meet the increasingly requirements of construction contract users, CNC is proud to present…
FIDIC 2017 VS FIDIC 1999: FUNDAMENTAL CHANGES THE BACKGROUND FOR THE CHANGE As for construction field, a popular standard form of construction and engineering contract, especially First Edition Rainbow Suites of contracts published by the Fédération Internationale des Ingénieurs-Conseils (FIDIC) have played inevitably important role nearly past two decades. Firstly, launched in 1999, they were…
