FIDIC 2017 · FIDIC 14.8
financing charges
Interest the Contractor gets on late Red Book payments, compounded monthly. By default the rate is 3% above the prime lending rate for the currency.
Where you meet it
- Module 3: Getting paidNEC4 vs FIDIC 2017
FIDIC 2017 · FIDIC 14.8
Interest the Contractor gets on late Red Book payments, compounded monthly. By default the rate is 3% above the prime lending rate for the currency.