Continue to Site

Eng-Tips is the largest engineering community on the Internet

Intelligent Work Forums for Engineering Professionals

  • Congratulations SSS148 on being selected by the Eng-Tips community for having the most helpful posts in the forums last week. Way to Go!

FIDIC 1999 - Provision Sum Rate of Exchange

Status
Not open for further replies.

DaveChowmein

Civil/Environmental
Jan 20, 2014
1
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
 
Replies continue below

Recommended for you

Depends on the currency and exchange clauses specified in the Contract. Check your contract carefully.
 
Status
Not open for further replies.

Part and Inventory Search

Sponsor