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    FIDIC 1999 Red Book Clause 12.4 - OA

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    osama_ah
    The document discusses FIDIC 1999 Red Book Clause 12.4 regarding omissions. It states that the clause allows contractors to recover costs incurred or that will be incurred for omissions, but does not mention entitlement to loss of profit or overhead. It notes that "incur" means actual expenditure, so applying a percentage to BOQ rates cannot be used to claim costs in this case. Contractors must substantiate any costs claimed.

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    FIDIC 1999 Red Book Clause 12.4 - OA

    Uploaded by

    osama_ah
    198 views1 page
    The document discusses FIDIC 1999 Red Book Clause 12.4 regarding omissions. It states that the clause allows contractors to recover costs incurred or that will be incurred for omissions, but does not mention entitlement to loss of profit or overhead. It notes that "incur" means actual expenditure, so applying a percentage to BOQ rates cannot be used to claim costs in this case. Contractors must substantiate any costs claimed.

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    FIDIC 1999 Red Book Clause 12.4_OA

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    The document discusses FIDIC 1999 Red Book Clause 12.4 regarding omissions. It states that the clause allows contractors to recover costs incurred or that will be incurred for omissions, but does not mention entitlement to loss of profit or overhead. It notes that "incur" means actual expenditure, so applying a percentage to BOQ rates cannot be used to claim costs in this case. Contractors must substantiate any costs claimed.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    198 views1 page

    FIDIC 1999 Red Book Clause 12.4 - OA

    Uploaded by

    osama_ah
    The document discusses FIDIC 1999 Red Book Clause 12.4 regarding omissions. It states that the clause allows contractors to recover costs incurred or that will be incurred for omissions, but does not mention entitlement to loss of profit or overhead. It notes that "incur" means actual expenditure, so applying a percentage to BOQ rates cannot be used to claim costs in this case. Contractors must substantiate any costs claimed.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
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    FIDIC 1999 Red Book: Clause 12.

    4
    Interpretation by OA
    The sub-clause 12.4 [Omissions] gives the right to the Contractor to recover cost incurred or will
    incurred, as specified in 12.4. There is no mention of entitlement for loss of profit or overhead. Note
    that incur indicates an actual expenditure. It is therefore reasonable to establish that a percentage
    applied to the BOQ rates cannot be used in this case. The Contractor is required to substantiate its
    claimed costs.

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