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Showing posts from January, 2024

What is Liquidation Damage(LD)

   Delays and Liquidation Damages in Construction Contracts. "Contractor gets scared when Employer  talks about L/D. It's not a joke."   Progress can be defined in many ways when we talk about construction industry. According to my viewpoint progress is nothing but transformation of funds in to physical structures. In other words when Pounds, Euros, Bucks, Yuans or Rupees are turned into physical structures we see progress.  Normally,  Construction Projects are executed and governed under the Conditions of Contracts, known as COC. These conditions of contract are framed by contract experts, consulting engineers and law experts. Input from contractors is also desirable because they are key stake holders.   The most famous and internationally recognized conditions of contracts have been framed by FIDIC (International Federation of Consulting Engineers).  " International Federation of Consulting Engineers", is popular  acronym for its  French   name " 

What is difference between mile and nautical mile?

  Exploring Distance Measurement in Liquid and Air Travel Human ingenuity has always been fueled by a desire to explore and move efficiently, from ancient times when we roamed barefoot in search of sustenance to today's era of advanced transportation. The invention of the wheel revolutionized how we travel on land, but what about measuring distance on liquid surfaces like water or in the vastness of the sky? Let's dig deep into this intriguing aspect of navigation and measurement. Measuring Movement on Liquid Surfaces When traversing water, whether by boat or ship, traditional odometers used on land are not applicable due to the fluid nature of the medium. Instead, seafarers rely on specialized equipment designed for maritime navigation. This equipment calculates distance based on the Earth's longitude and latitude coordinates, utilizing a unit known as the nautical mile. Understanding the Nautical Mile A nautical mile is not the same as a standard mile or kilometer used on