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Contract Management

Welcome to Contract Management blogs category. This category contains our authors/trainers and associates writing on the topics of contract formation, negotiation, administration, communication and closure. The focus is upon various contract form used in ECPM industry, industry practices, and other topics related to contract management. 

Posted by on in Contract Management

Claims are an essential part of Engineering, Construction and Project Management (ECPM) day-to-day activities. It is probably impossible to imagine a project without a claim, if not, then a project wherein the claim situation never arose. Writing claim, reviewing and recommending is one of the functions of professionals in project controls and contract administration domains of ECPM industry.

History of claim writing and recommendation goes back to dates when modern legal systems came into its existence. However, till date in the ECPM industry writing claim remains challenging. Ratio to claim submission and their approval in first time are very low. One of the reasons for this is due to incomplete claim submission and following wrong methodology while writing the claims.

What is a claim?

Let us start with what is a claim? The simplest definition can be “A claim is to assert; to urge; to insist one’s own or as one’s right under the terms of contract or under law.” 

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Posted by on in Contract Management

The FIDIC suite of construction contracts is compiled and published by the International Federation of Consulting Engineers. The Federation’s French name is Federation Internationale des Ingenieurs-Conseil (FIDIC), the leading body for devising different forms of contract for use in construction markets around the globe.

The most popular and widely used FIDIC contracts are The Red Book (building and engineering works designed by the Employer) and the Yellow Book (M&E, building and engineering works designed by the Contractor). The Red Book was originally published in 1957. Many new contracts which compliment the original suite have been published by the FIDIC in recent years. In 1995 The Orange Book for design, build and turnkey works was published which is the first of the new contracts.
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