What can a contractor do if payments are delayed?

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Reference no: EM133197060

Assignment- International Construction Contracts

Question 1. What is the main purpose of the paper?

Question 2. Why US contractors who are familiar with AIA 201 contract forms may have a different perspective when it comes to the role of Engineer?

Question 3. What is the difference between FIDIC and the World Banks Contract with regard to the role of Bank?

Question 4. Are oral instructions acceptable in FIDIC and World Bank Contracts? Are oral approvals accepted?

Question 5. What is the timeline of procedure for Extension of Time (EOT) in FIDIC contracts? What if the Engineer fails to determine EOT according to the timeline?

Question 6. What is the timeline for submission of progress payment? What if the Engineer delayed in issuing the interim payment certificate?

Question 7. What can a contractor do if payments are delayed?

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Reference no: EM133197060

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