COMPENSATION FOR DELAY
It gives us great pleasure to inform esteem members of our group that Icon of Humanity is starting a weekly single line explanation series of various provisions under the building and engineering contracts on the basis of various case law decided by various courts. This series is named as ICON SERIES and it will be very helpful for consultants, contractors and engineers. The reasons for starting this ICON SERIES are not many but, that the readers feel it boring to read long literature
Read MoreCOMPENSATION FOR DELAY
ICON-2 Compensation for delay: Action under clause 2 can be taken soon after stipulated date of completion and not after several months of this date
Read MoreANALYSIS OF CLAUSE 10CC CPWD CONTRACTS
This clause is different from the clause 10 C. For the clauses i.e. 10 C and 10 CC are for reimbursement of the expenditure which was not anticipated by the contractor at the time of offering his bid but he was compelled to think as the same was the cost of material/labour or both. The other elements of profit, overheads, damages, loss of profit and tools and plants etc. are not covered in the ambit of this clause. Moreover it is a mandate of clause 10 C that the reimbursement will be made to th
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