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The International Federation of Consulting Engineers (commonly known as FIDIC, acronym for its French name Fédération Internationale Des Ingénieurs-Conseils) is an international standards organization for construction technology and consulting engineering. The organization is best known for the FIDIC suite of contract templates.
ISO 20700 Guidelines for management consultancy services is an international standard developed for use as a guideline for people or organizations for the effective management of management consulting services. [1]
A Letter of Understanding (LOU) is a formal text that sums up the terms of an undertakings of a contract which may have been negotiated up to this point only in spoken form or otherwise informally. It reviews the terms of an agreement for a service, a project or a deal and is often written as a step before a more detailed contract is issued. [1]
The NEC contracts now form a suite of contracts, with NEC being the brand name for the "family" of contracts. [16] When it was first launched in 1993, it was simply the "New Engineering Contract". This specific contract has been renamed the "Engineering and Construction Contract" which is the main contract used for any construction based project.
Furthermore, a consultant usually signs a service-type employee contract (known as fixed-term, full-time, part-time), [42] whereas a temporary worker will only be offered a temporary (and scope limited) contract or a work-results type contract (e. g. in Germany a specific type of contract called Werksvertrag [43]) to fulfill or create a ...
The report said Australia's government spends the most in the world relative to the size of the economy, or more than A$1 billion a year, on consulting services, mostly contracts with PwC, EY ...
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