Hi,
We are bound by FIDIC 99 - 1st edition, our contract is based on re-measurement basis.
The client sent us a letter informing that he will delete nearly 13% of the project original value. These works will not be executed at this stage neither by us nor by other contractor.
He wants us to advise about the time and cost impact of this alteration.
For the time aspect, the point is can the deletion of these works lead to shortening the approved duration of the project and leads to shifting of the the completion date?
What I believe is the fact is that the client changes his mind suddenly, but still both of us have to abide by the contract / extended completion date approved earlier.
What do you think?
Regards,
Karim
We are bound by FIDIC 99 - 1st edition, our contract is based on re-measurement basis.
The client sent us a letter informing that he will delete nearly 13% of the project original value. These works will not be executed at this stage neither by us nor by other contractor.
He wants us to advise about the time and cost impact of this alteration.
For the time aspect, the point is can the deletion of these works lead to shortening the approved duration of the project and leads to shifting of the the completion date?
What I believe is the fact is that the client changes his mind suddenly, but still both of us have to abide by the contract / extended completion date approved earlier.
What do you think?
Regards,
Karim