×
INTELLIGENT WORK FORUMS
FOR ENGINEERING PROFESSIONALS

Log In

Come Join Us!

Are you an
Engineering professional?
Join Eng-Tips Forums!
  • Talk With Other Members
  • Be Notified Of Responses
    To Your Posts
  • Keyword Search
  • One-Click Access To Your
    Favorite Forums
  • Automated Signatures
    On Your Posts
  • Best Of All, It's Free!
  • Students Click Here

*Eng-Tips's functionality depends on members receiving e-mail. By joining you are opting in to receive e-mail.

Posting Guidelines

Promoting, selling, recruiting, coursework and thesis posting is forbidden.

Students Click Here

Jobs

FIDIC 1999 - Provision Sum Rate of Exchange

FIDIC 1999 - Provision Sum Rate of Exchange

FIDIC 1999 - Provision Sum Rate of Exchange

(OP)
Hi,
I am working on a contract as the Engineer for a project under the FIDIC Red Book 1999.
The Contractor has submitted a quote for a provisional sum which uses an exchange rate different to that in the Contract. Is that possible, or can should it be the exchange rate defined in the contract?
Thanks

RE: FIDIC 1999 - Provision Sum Rate of Exchange

Depends on the currency and exchange clauses specified in the Contract. Check your contract carefully.

Red Flag This Post

Please let us know here why this post is inappropriate. Reasons such as off-topic, duplicates, flames, illegal, vulgar, or students posting their homework.

Red Flag Submitted

Thank you for helping keep Eng-Tips Forums free from inappropriate posts.
The Eng-Tips staff will check this out and take appropriate action.

Reply To This Thread

Posting in the Eng-Tips forums is a member-only feature.

Click Here to join Eng-Tips and talk with other members!


Resources