Monday, 11 May 2015

A question about construction contract


hello dear friends,
it's nice meet here , since i'm working hydropower construction company , our company has undertaken 400 mil usd project in laos, time duration of 6 years build diversion tunnel, head race tunnel, generation pit, spiral case, concrete face rock fill dam, powerhouse, switch yard, head-pot yard, , control building etc.. we're negotiating project employer 2 year! during time both parties encountered issues either technical, contractual or financial, i'd pose these issues here , hear opinions, thanks!

1. international standard contract construction fidic, in condition of contract, employer's put way many other rules , contiguously varied content after biding opening, entitled claim costs?

2. normal defects liability period runs 1 year while in contract, it's 2 years , covers not civil works, steel structure , hydrolic-mechanic equipment, , employer rejected our request increase costs, fair?

3. employer claims project project-financed project, means needs unconditional assignable , on-demond bank securities performance , advance payment, in amount of 40 million usd! , once project gone trouble, employer can assign , transfer contract 1 of financial parties , they'll evaluate statues of project @ time allow them see if they'll further continue project or not. standard?

1 of understands i'm saying, please send me feedback or through deutschjacky@yahoo.cn. lot , it'll lot!
 

i agree, powerbook g4 still reasonable machine people simple needs.
 


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