Interpretation of fidic cl 12.3, red book, 1999 edition
Querist :
Anonymous
(Querist) 17 June 2018
This query is : Open
My quarry is still unresoved
If executed quantity of a particular item is 130% of scheduled Bill of quantities and all other conditions of 12.3 (a) (i) to (iv) are met should the new rates be applied as per conditions of the contract (Clause 12.3 of Fidic Red book, 1999) for entire executed quantity, 30% of quantity (exceeding BOQ quantity) or 120% quantity(exceeding the threshold value of 110%). Please convey your opinion