This post describes the event organized by EBRD at its headquarters in London on the 27th of September 2018. The event was about the changes introduced with the new Red and Yellow Books of the 2017 rainbow suite. FIDIC, EBRD’s Clients and Contractors all had the opportunity to express themselves.
The stereotype is that Contractors are just claim machines. Time bars play an important role in this. This post and the music of Muse allow us to rethink our ways of working on claims & time bars in a positive atmosphere outside of the day-to-day projects.
Contract Management, in general, and liquidated damages, in particular, are serious subjects. Still, in this post, we manage to think about delay LDs drawing from Natalie Imbruglia’s “Torn”: genuine pré-estimate, sole remedies, rates & caps etc.
Mick Jagger can’t get no satisfaction. And what about Employers/Engineers? Should they get satisfaction from the way the contract is executed by the Contractor? Read about this funny link between the Rolling Stones and Contract Management.
It has become common practice in many jurisdictions for parties to split construction contracts with an international element. The split structure is intended to provide a reduced tax exposure for the contractor and a resulting pricing benefit for the employer. This article gives an interesting overview of potential additional burdens and risks of a tax split.
Arbitration is becoming more efficient and transparent and less expensive thanks to recent revisions to the ICC Rules of Arbitration. The ICC Court has introduced rules for expedited arbitration procedures for small claims. Read the article for more information.
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.