Subcontractor, how to claim for delay in start-up of site works?
What is the best way for a Subcontractor to handle a delay in the start-up of its site works?
This post analyses this, step-by-step.
Good results in April for AfiTaC.com, the blog on international Tenders & Contracts
This post gives the results from the the first real month for our blog AfiTaC.com (after 3 months’ of starting-up).
April has brought massive growth for this blog on international Tenders and Contracts.
Abnormally Low Bids: World Bank rules – a new era?
The World Bank recognizes that accepting Abnormally Low Bids and Proposals can put the contract in jeopardy: increased overall costs, contract delays or even the collapse of a contract. Consequently, WB has given its guidance. The new methodology described in this post provides Borrowers with a structured approach to address the issue of ALBs.
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. This post gives further information about the members of a DAB, their expected behaviour and their decision.
Package deals, when and how to propose them in contract negotiations? 7 questions answered.
Package deals are a powerful approach to resolve, in one go, a substantial number of issues during a contract negotiation. They are a “must have” in the toolbox of an efficient negotiator. In the post here below, we have analysed some important aspects around initiative, timing and presentation of such deals.
Contract Risk Scoring, 10 questions answered
Contract Risk Scoring is a hot topic. IACCM is actively promoting it. But, as this subject is quite new for many of us, we’ll all have a couple of questions. Here below we provide the answers to the most asked questions on the topic.
Contract Risk Scoring: how does a World Bank contract for PLANT score?
Contract Risk Scoring is an effective way to analyse contracts for their risks on commercial and contractual issues. We have applied this on a typical World Bank Contract for PLANT. The Contract Risk Scoring is 25 which means it is a low risk contract. This article provides the report and analysis.
Afitac.com the blog on international tenders and contracts
Afitac.com is the blog that provides you with posts, every week, on a variety of subjects of interest for companies and people working on contracts whether as a leader, a commercial manager, a project manager or a contract manager. Have a look directly at our website www.afitac.com and follow us on LinkedIn in order not to miss any of our latest articles.
Transformation of companies, the role of external resources
Companies are gradually reducing their staff to below the levels needed to be fully operational. The successful companies of the future will only have a core of employees to establish and maintain the company’s culture, strategy, brand, focus etc and rely on well-selected external resources. In this post, we have reflected on vital points in that context: confidentiality, dependence, value creation and risk analysis.
IACCM is promoting tools to score the risk of your contract portfolio
IACCM, the International Association for Contract & Commercial Management, is promoting that we would start risk scoring our contract portfolio. With TRaCRs, the Tender Risk and Contract Review system, AfiTaC has developed a free tool for contract scoring. This tool will rate your contract on 20 different subjects. Contract scoring will contribute to your objective to negotiate and execute balanced contracts.