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.
Having some data on which the Contractor may rely (reliance data) is a good industry practice and in line with the usual contract standards. The difficulty starts when we want to precisely identify the “reliance data”, “baseline data” or whatever word is defined in the contract to introduce the same concept. This article proposes a “black box” approach.
More than 30 years have past since the launch of FIDIC 1987, “yellow book”.
In the meanwhile, FIDIC has published newer versions: the well-known 1999 version and a fresh update at the end of 2017.
This article is a reflection on whether it still makes sense to use the 1987 versions.
Click on the pieces of the puzzle for specific services: AfiTaC can provide you with the following services : Tender Advice Negotiation Support Contract & Risk Management Coaching and Training Process Optimisation Tender Advice The first step to any well-balanced contract is tendering. This can be in any […]
In this blog specific topics are analysed regarding Contract, Commercial and Project Management. Articles will cover terms & conditions, negotiation, standard contracts (like FIDIC, NEC3, World Bank), specific contract types (EPC, Design & Build) etc.
“Contracts are our passion.” Business Environment Companies, whether small or large, wish to do their business based on well-balanced contracts. AfiTaC’s vision is that commercial & contractual relationships should be based on trust, respect, clarity, balance and should be win-win relationships for the long-term. Large multinational companies have considerable internal […]