19. Fidic Red Book 2017 Interpretation - Clause 16. Suspension and Termination by the Contractor

Описание: Welcome to Clause 16: Suspension and Termination by Contractor. In the FIDIC Red Book 2017, this is the 'Counter-Strike.' This clause gives the Contractor the legal right to slow down, stop work, and eventually walk away from a project that has become a financial black hole. It is the ultimate shield against a non-paying or non-performing Employer.

Today, we are breaking down the 'Art of the Exit.' We’re looking at the 21-day notice for suspension, the right to claim Time and Cost plus Profit for delays, and the high-stakes procedure for full termination. If you want to know how to protect your company's survival when the project goes cold, you need to master Clause 16