Podcast
Questions and Answers
In case of termination due to a force majeure event lasting 84 days, when does the termination take effect?
In case of termination due to a force majeure event lasting 84 days, when does the termination take effect?
What happens to the unpaid balance after termination?
What happens to the unpaid balance after termination?
What happens if the Contractor fails to provide evidence of insurance policies?
What happens if the Contractor fails to provide evidence of insurance policies?
What is the next step if a Party is dissatisfied with the decision of the adjudicator?
What is the next step if a Party is dissatisfied with the decision of the adjudicator?
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How is a dispute finally settled if it has been the subject of a notice of dissatisfaction?
How is a dispute finally settled if it has been the subject of a notice of dissatisfaction?
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Where should any hearing related to arbitration be held?
Where should any hearing related to arbitration be held?
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According to the Contract Agreement, who is responsible for providing the Site and right of access at specified times?
According to the Contract Agreement, who is responsible for providing the Site and right of access at specified times?
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In the Contract Agreement, when must the Contractor seek consent for the person authorized to receive instructions on behalf of the Contractor?
In the Contract Agreement, when must the Contractor seek consent for the person authorized to receive instructions on behalf of the Contractor?
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What may be required from the Contractor within 14 days of the Commencement Date according to the Contract Agreement?
What may be required from the Contractor within 14 days of the Commencement Date according to the Contract Agreement?
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According to the Contract Agreement, who has the authority to act for the Employer and carry out certain duties?
According to the Contract Agreement, who has the authority to act for the Employer and carry out certain duties?
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In the Contract Agreement, what is the Contractor responsible for providing in accordance with the Contract?
In the Contract Agreement, what is the Contractor responsible for providing in accordance with the Contract?
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According to the Contract Agreement, what events are included in the Employer's Liabilities?
According to the Contract Agreement, what events are included in the Employer's Liabilities?
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What is the definition of 'Materials' as per the provided text?
What is the definition of 'Materials' as per the provided text?
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What is the definition of 'Variation' in the context of the provided text?
What is the definition of 'Variation' in the context of the provided text?
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What does 'Site' refer to in the context of the provided text?
What does 'Site' refer to in the context of the provided text?
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What is included in the definition of 'Works' according to the provided text?
What is included in the definition of 'Works' according to the provided text?
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What is the interpretation of words importing singular or one gender as per the provided text?
What is the interpretation of words importing singular or one gender as per the provided text?
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What is the priority of the documents in case of an ambiguity or discrepancy as per the provided text?
What is the priority of the documents in case of an ambiguity or discrepancy as per the provided text?
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When are interim payments due?
When are interim payments due?
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What is the employer's responsibility regarding retention payment?
What is the employer's responsibility regarding retention payment?
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Under what condition can the contractor terminate the contract?
Under what condition can the contractor terminate the contract?
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What action can the employer take if the contractor fails to remedy a default within a specified time frame?
What action can the employer take if the contractor fails to remedy a default within a specified time frame?
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What is the contractor entitled to upon contract termination?
What is the contractor entitled to upon contract termination?
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What action can be taken in case of force majeure?
What action can be taken in case of force majeure?
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What is the consequence if the Contractor fails to complete the Works within the Time for Completion?
What is the consequence if the Contractor fails to complete the Works within the Time for Completion?
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What is the Employer's obligation if the Contractor considers the Works to be complete?
What is the Employer's obligation if the Contractor considers the Works to be complete?
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Under what circumstances is the Contractor entitled to be paid for uncovering and/or testing of any work?
Under what circumstances is the Contractor entitled to be paid for uncovering and/or testing of any work?
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What is the Contractor's responsibility regarding the value of Variations and claims?
What is the Contractor's responsibility regarding the value of Variations and claims?
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What is the Employer's right regarding Variations?
What is the Employer's right regarding Variations?
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What does the FIDIC Short Form of Contract provide a framework for?
What does the FIDIC Short Form of Contract provide a framework for?
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Study Notes
FIDIC Short Form of Contract - Key Provisions
- Contractor is responsible for completing the Works within the Time for Completion, commencing the Works on the Commencement Date, and submitting a programme for the Works within the specified time.
- The Contractor may be entitled to an extension to the Time for Completion if delayed by the Employer's Liabilities, and the Employer is obligated to consider the Contractor's application for extension.
- If the Contractor fails to complete the Works within the Time for Completion, they are liable to pay the specified amount for each day of delay.
- The Contractor may notify the Employer when they consider the Works to be complete, and the Employer shall notify the Contractor when they consider the Works to be complete or ready for taking over.
- The Employer may notify the Contractor of any defects or outstanding work, and the Contractor is responsible for remedying defects at no cost to the Employer.
- The Employer may give instruction for uncovering and/or testing of any work, and the Contractor shall be paid for such uncovering and/or testing as a Variation if no defects are found.
- The Employer has the right to instruct Variations, and the valuation of Variations shall be determined as per the specified methods in the Contract.
- A Party shall notify the other as soon as they are aware of any circumstance which may delay or disrupt the Works, and the Contractor's entitlement to extension to the Time for Completion or additional payment is subject to prompt notice and taking reasonable steps.
- The Contractor shall submit to the Employer an itemized make-up of the value of Variations and claims within 28 days of the instruction or event giving rise to the claim, and the Employer shall check and agree or determine the value.
- The Works shall be valued as provided for in the Appendix, subject to Clause 10, and the Contractor shall be entitled to be paid at monthly intervals for the value of the Works executed and the value of Materials and Plant delivered to the Site.
- The Contract outlines provisions for extension of time, late completion, taking-over, remedying defects, variations and claims, valuation of the Works, and monthly payment entitlements for the Contractor.
- The FIDIC Short Form of Contract provides a framework for the rights, obligations, and procedures governing the completion, inspection, and payment for construction Works between the Contractor and the Employer.
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Description
Test your knowledge of the key provisions in the FIDIC Short Form of Contract governing completion, inspection, and payment for construction Works between the Contractor and the Employer.