Also verify the contract terms; it is possible the contract limits your claim for late payments to some % to account for interest on borrowed money to make up for the late payments. At home this is a common clause on government jobs, frequently government pays late, they do not pay the interest and it ends up in GC absorbing the costs of using his credit line.
In private jobs ther is a remedy we call mechanic's lien, a remedy that pushes the owner to make the payments without a court case, but it cannot be applied to public jobs.
As Mike said - Rely on facts to tell the story. The contract is the first of the facts you got to look.
That is a good analysis but I am not convinced that it will work as it is entirely theoretical.
Yor penultimate papragraph is the way forward with actual delayed deliveries or withrdawal of labour due to restricted cash flow is the best method.
Rely on facts to tell the story.
I had a similar approach on a claim in Kuwait in 2008 when the colapse of the finance system removed the contractor's credit rating and he could not pay the advance for the shipping of key equipment. I fied it under the force majeur heading and the delay was accepted.
Member for
21 years 8 monthsAlso verify the contract
Also verify the contract terms; it is possible the contract limits your claim for late payments to some % to account for interest on borrowed money to make up for the late payments. At home this is a common clause on government jobs, frequently government pays late, they do not pay the interest and it ends up in GC absorbing the costs of using his credit line.
In private jobs ther is a remedy we call mechanic's lien, a remedy that pushes the owner to make the payments without a court case, but it cannot be applied to public jobs.
As Mike said - Rely on facts to tell the story. The contract is the first of the facts you got to look.
Member for
19 years 10 monthsHi AhmadThat is a good
Hi Ahmad
That is a good analysis but I am not convinced that it will work as it is entirely theoretical.
Yor penultimate papragraph is the way forward with actual delayed deliveries or withrdawal of labour due to restricted cash flow is the best method.
Rely on facts to tell the story.
I had a similar approach on a claim in Kuwait in 2008 when the colapse of the finance system removed the contractor's credit rating and he could not pay the advance for the shipping of key equipment. I fied it under the force majeur heading and the delay was accepted.
Best regards
Mike Testro