Letter of Acceptance
“Letter of Acceptance” means the letter of formal acceptance of the Contractor’s Letter of Tender. It is issued and signed by the Employer and usually one to two pages long. …
Contract Agreement Definition
Contract Agreement Definition: As per FIDIC Conditions of Contract the “Contract Agreement” means the contract agreement (if any) referred to in Sub-Clause 1.6. In addition to Contract Agreement Definition, the …
FIDIC Definitions
Whenever Contract refers to words and expressions which start with a capital letter, they have the same meaning as stated in FIDIC Sub-Clause 1.1 Definitions. Those meanings are usually significantly …
How to properly define the FIDIC Contract?
First most important thing during preparation of Tender Documentation is selection of the right type of the Contract (Red Book, Yellow Book, Silver Book etc.).