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III. Key Risks
Contractor shall commence works as soon as reasonably practicable after commencement…
Figure 1 : Progress Obligations…
Remedies for delay are liquidated damages for delay and look-forward default regimes.
Contractor is entitled to damages if it rightfully terminates the contract or if…
Bunni highlighted the requirements of claim submission procedures, as listed below
■ Give a notice of intention to claim within 28 days of the event giving rise to…
■ Keep contemporary records (by the contractor);…
■ Inspect the records (by the engineer);…
■ Provide authority to instruct the contractor to keep further contemporary records…
■ Within 28 days of the notice or an agreed period, submit particulars of the claim…
■ Interim and accumulated accounts to be submitted for continuing effects (by the…
■ Final accounts to be submitted at end (by the contractor); and…
■ A copy of accounts to be sent to the employer, by the contractor, if so required…
Although such procedures, particularly notice requirement within 28 days is not followed…
II. Contractor´s Claims
IV. Conflict Resolution and Reconstruction