Dear Andrews,
Just a doubt regarding the Interim payment as per FIDIC
When the contractor submit the IOM ( Intrim payment )to the concultant/client, the "due date" as per contractually is +84 days of the submission date.
Is there any relation with the the issue date by the Client?!!
Client( due to delay )advise to change the date of issue of "IOM" ( because they are issusing the payment)to the Contractor ,Is it necesserry by the consultant to cahange the date ?!!
I mean the delay where it has to be happen in the case of interim payment release.
Just a doubt regarding the Interim payment as per FIDIC
When the contractor submit the IOM ( Intrim payment )to the concultant/client, the "due date" as per contractually is +84 days of the submission date.
Is there any relation with the the issue date by the Client?!!
Client( due to delay )advise to change the date of issue of "IOM" ( because they are issusing the payment)to the Contractor ,Is it necesserry by the consultant to cahange the date ?!!
I mean the delay where it has to be happen in the case of interim payment release.