Thursday, October 6, 2011

Loss and expense

Therefore a contractor who claims direct loss and / or expenses must establish by use of oral or documentary evidence the following :

  • That he has suffered loss or incurred additional costs caused by occurrence of events specified in the provisions of Contract .
  • Demonstrate that the loss or expenses or additional costs are sufficiently linked to the events set out oin the contract .
  • The loss or expense or costs muist be actual financial and not merely notional loss . The contractor must prove his case " on balance of probabilities . "
  • Must be able to prove the loss or expense or additional costs , reasonably to establish the probability that it has been incurred .

No comments:

Post a Comment