Claims and Counter Claims in all Construction Contracts play an important role in the Contractual relation ship between employer and contractor. Generally Claim is reckoned in practice as “an assertion for additional monies due to a party or for extension of time for completion. This interpretation is construed from a wording of the Contractual provision. Arbitrations on the claim matters are on its rise. Engineer arbitrators interpret the provisions of Standard Contract Forms in the traditional way- & legal personnel interpret in the legal sense.
This paper discusses some of the principles as regards basis of claims and clarifies the provisions pertaining to “Variations “as embodied in the present day Standard Contract Forms, of FIDIC.
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