Vesting certificate is used in construction industry to transfer the ownership of any goods, plants or materials off site. Ownership shall be transfered to the Employer by a vesting certificate. In construction projects, there are lot of long lead items such as special MEP items and…
Under the Novation all the rights and obligations are transferred to another party. If there is a contract between two parties and one party will be replaced with another new party and all the rights and obligations will transfer to that new party. For an example, there is a …
According to fidic 1999, variations are either initiated the Engineer or contractor is instructed to submit a proposal. It would be a change in quantity, quality, levels or dimensions, omission of any work, any additional work or change in timing and sequence of the works. Amendme…
Prolongation cost is referred to the additional cost incurred by the Contractor due to delay in project or event(s). In order to claim for prolongation cost, the cause for delay shall not be born by the the Contractor, thus it may be due to action of the Employer, authority or any ot…
Types of retaining walls a. Cantilever wall b. Counterfort retaing wall c. Gravity Walls
If there is a conflict of interest situation, first we have to identify what is the conflict of interest situation and then we have to asses is how extent this conflict of interest situation is happened. Professional bodies like RICS, AIQS specify how to identify a conflict …
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FIDIC Yellow Book-1999 Edition-Coditions of Contract for plant and desing-build Fr…
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