Assignment 2: Contract Management Spring 2023 In class: Dated 27" Apr 2023 Answer the following question in your own words with due reference to the concerned clauses mentioned in FIDIC Red Book (1999). Write down page number also Example for Reference: Ref: Clause 14.4, Schedule of Payments: Page number 42 1. When the contractor is eligible for Extension of Time. What procedure is involved? 2. Can Employer suspend the work of contractor and how? What are the consequences of this suspension to contractor and Employer 3. How delay damages are encountered for in the contract if contractor fails to comply with the contract 4. What will happen to contractor if he/ she fails to correct the defects in completed work? 5. When is the performance certificate issued to the contractor? 6. How are the variations and adjustments made to the contract by Contractors and Engineers? 7. Is contractor allowed to propose any value addition tasks during the construction? How can contractor propose it? 8. How will the employer pay advance payments to the contractor? 9. How the contractor will be paid progressive payments? (How contractor submit bills and how employer pays 10. What will happen if payments are delayed to the contractor? 11. How retention money/ security money will be paid to contractor 12. What is the meaning of Force Majeure clause. When is contractor entitled for payment for force majeure? 13. Read the clause pertaining to Claim, Disputes and Arbitration and summarize the roles and procedures from contractor, engineer, and Employer point of view. 14. What are the rules for drafting the particular/ special conditions. Why particular conditions are required. Give example. 15. What all is covered in Appendix to Tender 16. What all is covered in Contract Agreement