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Studying the general conditions of contract (FIDIC version) [Copy link] 中文

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Post time 2011-10-11 19:19:18 |Display all floors
It said Chinese companies have suffered heavy loss in Libya.

True or not?

What happened?

Performance security or other Bank Guarrentte?

the neglect of conditions in those contracts?

I'll study the general conditions of contract (FIDIC).

a step approaching the truth.

[ Last edited by 468259058 at 2011-10-11 07:21 PM ]
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Post time 2011-10-13 11:29:24 |Display all floors

I like YOU three guys

.........on the bulletin board.

One, is General Bing, the other is Whizz kid Satsu jin
and you mR. tEL. NO.

Makes the bulletin board really fun.

cheerios!

Green DRagon
Game Grandmaster

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Post time 2011-10-14 06:09:08 |Display all floors
greendragon
I just want to learn sth through feedback in this thread.

I skimed through the general conditions of contract (one version of FIDIC) last night.

Would anyone like to recommend any materials for studying it?
Anyone like to disscuss any part of it?

If I would have enough time tommorrow night, I would visit wikipedia and other webiste to search and read a few of relevant materials.
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Post time 2011-10-15 00:46:42 |Display all floors
Originally posted by 468259058 at 2011-10-11 19:19
It said Chinese companies have suffered heavy loss in Libya.

True or not?

What happened?

Performance security or other Bank Guarrentte?

the neglect of conditions in those contracts?

...


Libya is in a war and the whole nation is a mess. it is obvious that everybody suffers the loss, the loss of material things,the loss of beloved ones, the loss of the nature..I can imagine that and the answer is yes without studying your xxdc .


Tell me and correct me if I am wrong.:)
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Post time 2011-10-17 07:01:56 |Display all floors
Originally posted by greatlady at 2011-10-15 00:46
Libya is in a war and the whole nation is a mess. it is obvious that everybody suffers the loss, the loss of material things,the loss of beloved ones, the loss of the nature..I can imagine that ...

From the perspective of commerce,
Someone views Libya as a crisis, another guy views the present Libya as an opportunity to earn money.
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Post time 2011-10-17 07:11:25 |Display all floors
Originally posted by greatlady at 2011-10-15 00:46
Libya is in a war and the whole nation is a mess. it is obvious that everybody suffers the loss, the loss of material things,the loss of beloved ones, the loss of the nature..I can imagine that ...

The government of Libya went bankrupcy.
But the banks in Libya are still running.

If our Chinese companies borrowed money from those banks in Libya, at the same time if our Chinese companies signed the relative wrong clauses in the contracts, our lovely state-owned companies still have to pay back loans to those banks in Libya after the war.

Probably,

The Employer in those contracts are the previous central government of Libya.
The Contractor in those contracts are our lovely state-owned companies.
Our state-owned companies did borrowed a great amount of money from local banks, or sent the performance security to local banks already.

Now the Employer - the previous government of Libya - went bankruptcy.  
But the Contractor - our lovely state-owned companies -  and the local banks of Libya are still running.

So, We need to check if the contracts were BOD, or .....what..

I want to study first from the general conditions of contract..
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Post time 2011-10-17 10:14:23 |Display all floors
Originally posted by greendragon at 2011-10-13 11:29
.........on the bulletin board.

One, is General Bing, the other is Whizz kid Satsu jin
and you mR. tEL. NO.
.

Green Dragon, please do not list Satsu with Bingding and Tel No.  

Satsu is a very respectable person.

While Bingding is a idiot and Tel. no. is a chou gou shi.  

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