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The International Federation of Consulting Engineers (FIDIC) and the International Tunnelling and Underground Space Association (ITA) have teamed up to produce a standard form contract and guidelines for underground construction work. 17 May 2019
ANALYSIS: Organisations managing over $350 billion in assets have signed up to the new operating principles for impact management (12 page / 308KB PDF), drawn up by World Bank subsidiary the International Finance Corporation (IFC). 15 May 2019
When construction projects are delayed contractors can be liable to pay liquidated damages to the company they are working for, the employer. But they can claim that the delays have been caused by the employer, backed up by their contract or by Qatari law....
The NEC4 Alliance Contract was published in June 2018. The much-anticipated new standard form contract allows parties to construction projects to more closely collaborate and equally share in that project's risks and rewards.
On 22 June 2017, the Institution of Civil Engineers (ICE) updated its existing suite of standard form New Engineering Contracts with the issue of NEC4.
The fact that the underlying contract was never signed will not always be fatal. Whether a contract has been formed will require close consideration of the facts.
Recent decisions have given some clarification on the notice period needed when a sub-contractor on a FIDIC contract requests a time extension or an extra payment due to an unexpected event or circumstance.
The EU’s 2014 Public Procurement Directive softened the rules preventing companies from bidding for public contracts where they, or their directors, had been convicted of certain economic crimes.
Technology can be a catalyst for positive change within the higher education sector, with the potential to improve student engagement and help higher education providers keep up to speed with the technical environments students are already accustomed to living... 08 Apr 2019
ANALYSIS There is great potential for investment in and development of airports in Asia but there are barriers to overcome. Governments which want more private airport investment must make sure appropriate deal structures are in place and relax laws on foreign... 20 Mar 2019