Delay of Payment by Client

S
Samer Zawaydeh 👤 Member for 17 years 11 months

Dear Tarek,



FIDIC clause 14/8 addresses the delayed payment. The Contractor is entitled to financing charges automatically for any delayed payment.



EOT is not coverd under this clause.



If you have a payment schedule stated in the Contract and signed by both parties, then it is a different situation and you can build on the Contractual clause and not the FIDIC clause.



Best Regards,



Samer

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