Tips For Effective Delay Analysis “Analyzing Delays To Protect Your Interests”
INTRODUCTION: Effective delay analysis is important for understanding the causes, impacts, and resolution strategies in project management. When projects experience delays, in any sector including construction, manufacturing or any other sector, it is essential to assess these delays in a systematic, unbiased, and legally defensible manner. Accurate delay analysis helps identify the parties responsible for […]
Nec Contracts Outline “Collaborative Contracts For Risk Sharing “
INTRODUCTION: In the world of construction and project management, the need for more cooperative relationships between stakeholders is very important. One such approach that has gained considerable attention in recent years is the New Engineering Contract (NEC), a set of contracts designed to promote a collective approach for better project delivery. One of the important features […]
Understanding Contract Appreciation Document (Cad) “The Value Of Comprehensive Contract Knowledge”
Introduction: Contracts play a very important role in every aspect of life be it business, legal agreements, and even personal relationships. They outline the relationships between parties, provides the procedure of how parties will interact with each other. Some people are quite familiar with the concept of a contract, while some may fail to fully […]
Force Majeure In Fidic Contracts “Navigating Unforeseen Events With Confidence”
Introduction: Force Majeure is a serious concept in international construction contracts, especially in contracts governed by the International Federation of Consulting Engineers (FIDIC). Understanding the use of force majeure clauses in FIDIC contracts is important for both contractors and employers as it helps them to know about unforeseen situations that may delay the performance of […]
Key Term: ‘Notice To Claim’ “The First Step In A Successful Claim Process”
Introduction: The process of filing a claim, whether it is for insurance, compensation, or any other form of legal or financial action, is often seen as a complex process. One of the most important components of this process is the initial step of notification, which can be used for guidance towards the outcome of the […]
Decoding the Emden Formula for Practical Application in the Infrastructure Industry
Proclep Consulting is a prominent consultancy specializing in contracts and claim management, dedicated to helping clients effectively navigate the intricacies of infrastructure projects. With a team of experienced professionals possessing extensive industry knowledge, we offer customized solutions to minimize risks associated with prolongation claims. In our last Blog, we discussed the Hudson Formula which is a great […]
Understanding Prolongation Claims in Infrastructure Projects: A Comprehensive Guide
Proclep Consulting, a leading contracts and claim management consultancy, specializes in empowering clients to navigate the complexities of infrastructure projects effectively. With a team of seasoned professionals and deep industry expertise, we provide tailored solutions to mitigate risks associated with prolongation claims. In this blog, we’ll explore the nuances of prolongation claims in infrastructure […]