Tag Archives: fidic red book 2017

Variations in FIDIC Red Book 2017 and the law of Vietnam

Ngày đăng: Tuesday, 02/04/24 Người đăng: Ngan Nguyen

“Variation” is a prevalent issue, as at the time of signing, it is challenging for the parties to foresee potential changes or adjustments that are necessary for the works, especially for high-valued and complicated works. Currently, the Vietnamese laws on construction, in particular, Law on Construction 2014, amended, supplemented in 2020 (hereafter referred to as…

Letter of Acceptance – What you need to know

Ngày đăng: Sunday, 18/11/18 Người đăng: Admin

Letter of Acceptance – What you need to know The meaning of Letter of Acceptance is similarly defined by Federation International de Consulting Engineers (“FIDIC”) in its publication of various standard forms of construction contracts. The Letter of Acceptance is understood to be “the letter of formal acceptance, signed by the Employer, of the Letter…