Fédération Internationale Des Ingénieurs-Conseils is an international standards organisation for the consulting engineering & construction best known for the FIDIC family of contract templates.
section 4C5
Product information is the specific information provided from the supplier(s) with regards to the products that have been selected to be used in a project.
When an individual client goes bankrupt or a business entity in general files for bankruptcy, an automatic stay is triggered on all collection actions, legal proceedings and judgment enforcement activities.
Letting a contract begins with the letter of acceptance from the Client through the Contract Administrator after assessing the valid tenderers.
Contract documents in construction provide the backbone for a successfully delivered project. The more detailed they are, the better everything progresses and issues can easily be sorted between all parties involved, especially in the case of dispute resolution.
The way that contractors usually get paid for their completed work, is determined by the size of the job and the contract agreement.
Entering collateral warranties increases the Landscape Architect’s liabilities and one would prefer not to enter into such an additional risk without thoroughly weighing the benefits against the potential risks.
If a Client requests from you to agree to a collateral warranty, you should first contact your Insurance Company and let them know of the situation.