Question 1

FIDIC RED BOOK (1999 EDITION)

A world-renowned geologist states that he could have foreseen, at tender stage, what the Contractor claimed he could not. Is the geologist’s statement contractually relevant?

Answer: No, the “test” is based on what a reasonably experienced Contractor could have foreseen at tender stage.

Question 2

FIDIC RED BOOK (1999 EDITION)

What is the start date for calculation of time periods: e.g. for issuing contractual notifications?

Answer: Beginning of the day following the date of the act

Question 3

FIDIC RED BOOK (1999 EDITION)

Does “Cost” include a claimable heading for financing costs due to delayed payment?

The answer will be posted in the next blog!

 

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