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Contractual Mechanisms Triggering Valuation: Understanding The Key Triggers in Construction Contracts (FIDIC 2017 Red Book) by Rumesh is a document available to read on EtoBox.

What is Contractual Mechanisms Triggering Valuation: Understanding The Key Triggers in Construction Contracts (FIDIC 2017 Red Book) about?

The document outlines key contractual mechanisms for valuation in construction contracts as per the FIDIC 2017 Red Book, emphasizing the importance of recognizing triggers related to scope, cost, time, or performance changes. It details specific sub-clauses that dictate valuation procedures, the evidence required, and the risks associated with each trigger. Effective management of these triggers is essential to protect cash flow and minimize disputes.

Author

Rumesh

Language

EN