Mastering FIDIC Contracts: Clause 14.6 Interim Payment Certificates Explained
136 بار بازدید -
8 ماه پیش
-
Dive into the world of
Dive into the world of FIDIC contracts with our expert breakdown of Clause 14.6 - the key to understanding Interim Payment Certificates. This video is tailored for professionals, students, and enthusiasts in the construction and contract management fields. Whether you're a seasoned pro or a curious newcomer, our detailed analysis of Clause 14.6 from the FIDIC Yellow Book 1999 offers valuable insights into the world of construction contracts.
🔍 What You'll Learn:
The importance of Performance Security Approval
The role of the Engineer in the payment process
The intricacies of issuing Interim Payment Certificates
Key interactions with other FIDIC clauses
👷 Who We Are:
At Wisdom Waves Hub, we transform complex academic jargon into clear, actionable insights. Our team of professionals boasts over 15 years of experience in Engineering and Contract Management. Think of us as your construction and contract guides - like Yoda, but with hard hats and a knack for demystifying contracts!
📚 Explore More on Our Websites:
🌊 Wisdom Waves Hub: https://wisdomwaveshub.com/
Your go-to resource for practical, professional insights in Engineering and Contract Management. We're here to simplify complex concepts and empower your knowledge journey.
📖 Build Your Knowledge: https://wisdomwaveshub.in/
The Premier FIDIC & Construction Book Resource. Enhance your expertise with our extensive collection of FIDIC and construction-related literature.
📈 FIDIC MDB: https://fidicmdb.wisdomwaveshub.com/
Step into a world of curated content designed to uplift and educate professionals across various fields. Whether you're a veteran or a beginner, our resources are tailored to expand your horizons.
👍 Like, Subscribe, and Share:
Your support enables us to create more educational content like this. Subscribe for more insightful videos, give us a thumbs up if you find this video helpful, and don’t forget to share it with your peers. Together, let's build a community of knowledgeable and skilled professionals in the construction industry.
Disclaimer:
The information provided in this video is for educational and informational purposes only. While we strive to provide accurate and up-to-date content, we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, reliability, suitability, or availability with respect to the video content or the information, products, services, or related graphics contained in the video for any purpose. Any reliance you place on such information is therefore strictly at your own risk.
The content of this video does not constitute legal or professional advice and should not be treated as such. We recommend consulting with a qualified professional for specific advice tailored to your situation.
The views and opinions expressed in this video are those of the authors and do not necessarily reflect the official policy or position of any other agency, organization, employer, or company. Examples of analysis performed within this video are only examples. They should not be utilized in real-world analytic products as they are based only on very limited and dated open source information.
[00:00] Introduction to Clause 14.6 in FIDIC Yellow Book 1999
[01:30] Purpose and Implications of Clause 14.6
[03:00] Initiation of Payments and Performance Security Approval
[04:30] Engineer's Role in the Payment Process
[06:00] Decision Making and Fairness in Payments
[07:30] Key Aspects of Clause 14.6
[09:00] Conditions for Issuing Certificates
[10:30] Withholding Payments for Contractual Compliance
[12:00] Authority for Corrections and Modifications
[13:30] Uses of Clause 14.6 in Interim Payments Management
[15:00] Financial Control and Management
[16:30] Ensuring Contractual Compliance and Quality Assurance
[18:00] Interactions of Clause 14.6 with Other FIDIC Clauses
[19:30] Essential Factors in Implementing Clause 14.6
[21:00] Key Points in Managing Clause 14.6 Effectively
[22:30] Sequence Diagram: Detailed Explanation of Clause 14.6 Process
[24:00] Flowchart Explanation of Clause 14.6 Process
[25:30] Conclusion and Reflection on the Value of Understanding Clause 14.6
🌟 Exciting News for Our Community! 🌟
Hey everyone! I've got a special offer just for you! If you're looking to kickstart your own website or upgrade your hosting experience, I've got just the thing. I've teamed up with Hostinger, a fantastic web hosting provider known for its reliability and excellent service.
🔗 Use My Exclusive Referral Link: https://hostinger.in?REFERRALCODE=1SARADHI97
By using this link, not only will you get access to Hostinger's top-notch hosting services, but you'll also be supporting our channel in the process. It's a win-win!
Whether you're a beginner or a seasoned webmaster, Hostinger's user-friendly platform and robust features make it a great choice. Plus, you'll be joining a community of millions who trust Hostinger for their online presence.
🔍 What You'll Learn:
The importance of Performance Security Approval
The role of the Engineer in the payment process
The intricacies of issuing Interim Payment Certificates
Key interactions with other FIDIC clauses
👷 Who We Are:
At Wisdom Waves Hub, we transform complex academic jargon into clear, actionable insights. Our team of professionals boasts over 15 years of experience in Engineering and Contract Management. Think of us as your construction and contract guides - like Yoda, but with hard hats and a knack for demystifying contracts!
📚 Explore More on Our Websites:
🌊 Wisdom Waves Hub: https://wisdomwaveshub.com/
Your go-to resource for practical, professional insights in Engineering and Contract Management. We're here to simplify complex concepts and empower your knowledge journey.
📖 Build Your Knowledge: https://wisdomwaveshub.in/
The Premier FIDIC & Construction Book Resource. Enhance your expertise with our extensive collection of FIDIC and construction-related literature.
📈 FIDIC MDB: https://fidicmdb.wisdomwaveshub.com/
Step into a world of curated content designed to uplift and educate professionals across various fields. Whether you're a veteran or a beginner, our resources are tailored to expand your horizons.
👍 Like, Subscribe, and Share:
Your support enables us to create more educational content like this. Subscribe for more insightful videos, give us a thumbs up if you find this video helpful, and don’t forget to share it with your peers. Together, let's build a community of knowledgeable and skilled professionals in the construction industry.
Disclaimer:
The information provided in this video is for educational and informational purposes only. While we strive to provide accurate and up-to-date content, we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, reliability, suitability, or availability with respect to the video content or the information, products, services, or related graphics contained in the video for any purpose. Any reliance you place on such information is therefore strictly at your own risk.
The content of this video does not constitute legal or professional advice and should not be treated as such. We recommend consulting with a qualified professional for specific advice tailored to your situation.
The views and opinions expressed in this video are those of the authors and do not necessarily reflect the official policy or position of any other agency, organization, employer, or company. Examples of analysis performed within this video are only examples. They should not be utilized in real-world analytic products as they are based only on very limited and dated open source information.
[00:00] Introduction to Clause 14.6 in FIDIC Yellow Book 1999
[01:30] Purpose and Implications of Clause 14.6
[03:00] Initiation of Payments and Performance Security Approval
[04:30] Engineer's Role in the Payment Process
[06:00] Decision Making and Fairness in Payments
[07:30] Key Aspects of Clause 14.6
[09:00] Conditions for Issuing Certificates
[10:30] Withholding Payments for Contractual Compliance
[12:00] Authority for Corrections and Modifications
[13:30] Uses of Clause 14.6 in Interim Payments Management
[15:00] Financial Control and Management
[16:30] Ensuring Contractual Compliance and Quality Assurance
[18:00] Interactions of Clause 14.6 with Other FIDIC Clauses
[19:30] Essential Factors in Implementing Clause 14.6
[21:00] Key Points in Managing Clause 14.6 Effectively
[22:30] Sequence Diagram: Detailed Explanation of Clause 14.6 Process
[24:00] Flowchart Explanation of Clause 14.6 Process
[25:30] Conclusion and Reflection on the Value of Understanding Clause 14.6
🌟 Exciting News for Our Community! 🌟
Hey everyone! I've got a special offer just for you! If you're looking to kickstart your own website or upgrade your hosting experience, I've got just the thing. I've teamed up with Hostinger, a fantastic web hosting provider known for its reliability and excellent service.
🔗 Use My Exclusive Referral Link: https://hostinger.in?REFERRALCODE=1SARADHI97
By using this link, not only will you get access to Hostinger's top-notch hosting services, but you'll also be supporting our channel in the process. It's a win-win!
Whether you're a beginner or a seasoned webmaster, Hostinger's user-friendly platform and robust features make it a great choice. Plus, you'll be joining a community of millions who trust Hostinger for their online presence.
8 ماه پیش
در تاریخ 1402/09/19 منتشر شده
است.
136
بـار بازدید شده