FIDIC Contracts Law and Practice




5.1 Time is one of the fundamental variables in every construction project, and perhaps the one that the parties have the least control over. This chapter concerns the Contractor’s time obligations under the FIDIC forms. It is specifically related to the construction period, that is the period from the date after which the Contractor is required to commence the design (if appropriate) and execution of the Works to the completion of the Works. In all the Books, the first is marked by the Commencement Date, which is notified to the Contractor under Sub-Clause 8.1 [Commencement of Works],1 and the second by the issue of the Taking-Over Certificate for the Works or, in the Gold Book, the Commissioning Certificate for the Design-Build.

The rest of this document is only available to i-law.com online subscribers.

If you are already a subscriber, click Log In button.

Copyright © 2024 Maritime Insights & Intelligence Limited. Maritime Insights & Intelligence Limited is registered in England and Wales with company number 13831625 and address 5th Floor, 10 St Bride Street, London, EC4A 4AD, United Kingdom. Lloyd's List Intelligence is a trading name of Maritime Insights & Intelligence Limited.

Lloyd's is the registered trademark of the Society Incorporated by the Lloyd's Act 1871 by the name of Lloyd's.