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What is the recognized standard for estimating the percentage of completion in construction contracts that include specific clauses for materials and designs, and what is the probative value of the certificates issued by a consultant appointed by one of the parties?

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The estimation of the percentage of completion must encompass all agreed-upon contract provisions, including supplied materials and designs. The consultant's certificates are considered to have probative value unless a material conflict of interest or a clear error in their assessment is proven.

The estimation of the percentage of completion must encompass all agreed-upon contract provisions, including supplied materials and designs. The consultant's certificates are considered to have probative value unless a material conflict of interest or a clear error in their assessment is proven.
Source: Radiif.com (رديف) · Saudi Legal AI Platform

Legal References & Citations

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مبدأ قضائي - Article مبدأ

عقد تصميم وتنفيذ تحسينات لدوار أبيكورب

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