Oman Chamber of Commerce & Industry plans to benchmark the application of various forms of contract...
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Oman Chamber of Commerce & Industry plans to benchmark the application of various forms of contract in Oman and they launch an innovative project in coordination with the Tender Board. Any industrial project which has multiple phases, parts or buildings will be approved by using a different FIDIC Book for each part. This is so that the performance of each can be compared. Special legal arrangements will be made in the judiciary as well. a. Compare the parties involved, process, advantage and disadvantage if each of the following FIDIC books was used for the construction of a dry port: i. Green ii. Red iii. Yellow iv. Silver v. Gold b. Explain how the Oman Labor Law can be involved as a part of this project. The answer should include the following: i. Details of all legal types of payment possible. ii. Two advantages of using each of the types of payment for this project. iii. Two disadvantages of using each of the types of payment for this project. Oman Chamber of Commerce & Industry plans to benchmark the application of various forms of contract in Oman and they launch an innovative project in coordination with the Tender Board. Any industrial project which has multiple phases, parts or buildings will be approved by using a different FIDIC Book for each part. This is so that the performance of each can be compared. Special legal arrangements will be made in the judiciary as well. a. Compare the parties involved, process, advantage and disadvantage if each of the following FIDIC books was used for the construction of a dry port: i. Green ii. Red iii. Yellow iv. Silver v. Gold b. Explain how the Oman Labor Law can be involved as a part of this project. The answer should include the following: i. Details of all legal types of payment possible. ii. Two advantages of using each of the types of payment for this project. iii. Two disadvantages of using each of the types of payment for this project.
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a The main forms of FIDIC Contracts are known as the Red Book which refers to Conditions of Contract for Construction for Building and Engineering Works Designed by the Employer If the Red Book has be... View the full answer
Related Book For
Introduction to Financial Accounting
ISBN: 978-0133251036
11th edition
Authors: Charles Horngren, Gary Sundem, John Elliott, Donna Philbrick
Posted Date:
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