Contract Price - Variation under FIDIC
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Dear Mithun,
We have two issues here: 1) Compensation 2) Variations.
After confirming that your Contract Conditions allows you to claim for both, then you an proceed with the following:
1) Notifying the Engineer as soon as the variation or the rise in prices occur.
2) Supporting the claim with all possible documents as soon as possible.
3) In case you have new items, then the price can be derived from similar items in the BOQ. Or, if it is a totally new item, then you an do proper Price Analysis with all necessary supporting data.
The Conditions of Contract supported with the FIDIC documents should be clear enough to judge what you are entitled to.
Best Regards,
Samer