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contractor articles

47 articles · page 4

Surety bond vs bank guarantee for tender security
Rishabh Jain
Insurance & Risk

Surety Bond vs Bank Guarantee for Tender Security

An insurer can now issue the security a tender asks for. What a surety bond is under the…

Construction project delayed by severe weather under a force majeure clause
Saurav Agarwal
Business & Growth

Force Majeure in Construction Contracts: When Delay Is Excused

Rain is not force majeure. What the clause in your contract actually does, why Section 56 of the…

Construction contract dispute proceeding through arbitration with legal documents and gavel
Saurav Agarwal
Business & Growth

Arbitration in Construction Contracts: What Actually Happens

The clause is already in the contract you signed. Who gets to be the arbitrator, when the clock…

Diesel storage tank and fuel drums at a construction site
Saurav Agarwal
Compliance & Regulation

How Much Diesel You Can Store at Site Without a Licence

Two thousand five hundred litres, and no single barrel over a thousand. The limit that decides whether your…

Contractors attending a pre-bid tender meeting and discussing project clarifications
Saurav Agarwal
Business & Growth

Pre Bid Meeting in a Tender: Your One Chance to Ask

The conditions that decide whether a tender is worth bidding can still be changed at this stage —…

Construction contract documents showing defect liability period obligations after handover
Saurav Agarwal
Business & Growth

Defect Liability Period: What You Owe After Handover

The job is finished and the machines have moved on, but the contract has not let go. What…

Construction contractor facing blacklisting with tender and compliance documents
Saurav Agarwal
Business & Growth

Blacklisting of Contractors: What It Costs You

Debarment does not take one contract away, it takes the next three years of them. What triggers it,…

Construction site showing liquidated damages, contract documents and delay costs
Saurav Agarwal
Business & Growth

Liquidated Damages in Construction Contracts: What You Pay

The delay clause names a figure per week and a cap. What the law actually lets the client…

Excavator loading soil into a tipper with lead and lift measurements shown
Saurav Agarwal
Rental & Business

Lead and Lift in Earthwork: Why Your Bill Gets Cut

You carted the earth twice as far as the rate allowed for and nobody wrote it down. Lead…

Excavator filling and moving soil at an earthwork construction site
Saurav Agarwal
Rental & Business

Soil Filling Rate Per Cft: How to Quote It Properly

Filling looks simpler than digging and quotes lower. Then the cartage, the compaction and the shrinkage arrive, and…

Solvency certificate displayed on a desk for a construction tender and contractor financial qualification.
Saurav Agarwal
Rental & Business

Solvency Certificate for a Tender: What It Is and How to Get One

Tenders ask for a solvency certificate to prove you can fund the work. Here is what your bank…

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