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Projects cost increase how does one claim for increased cost? In commercial and Techno commercial terms?

<p>Projects cost increase how does one claims for incresed cost?</p> <p>In commercial and Techno commercial terms?</p>

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Question added by Deleted user
Date Posted: 2014/11/25
moinakhtar abdul
by moinakhtar abdul , Civil engineer QS , Tatweer Buildings Company

As variation Orders contractor has to Submit CRVO.

KHAN SHER SHAH
by KHAN SHER SHAH , Front Desk Duty Manager , Pakistan International Airlines

Projects cost increases as Materials and equipment cost increases , so the in commercial product price will autometically increases, hence the justification.

Mujtaba Mohammed
by Mujtaba Mohammed , Director - Design & Project Management , Palma Consulting

Ability to claim depends on the type of contract and the contractual terms. You have to read your contract and review all the clauses carefully and also to know the implied terms of the contract (laws which govern contracts in the contract's jurisdiction which are implicitly part of the contract even though not expressly written into it), and only then can you determine if there is any solid basis for a claim, and how to make the claim.

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