Comprehensive and Detailed Explanation:
Option A is NOT correct because the wording of the Letter of Tender is usually governed by the tender documents and contract terms; it is not solely at the Contractor's discretion to dictate when the Contract becomes effective. The standard process is that the Contract becomes effective upon the Employer’s issuance of the Letter of Acceptance.
Options B, C, and D correctly describe standard FIDIC practices.
[References:, , FIDIC Red Book 1999 & 2017 Editions – Contract Formation and Tendering, , FIDIC Contract Manager Study Guide, Module on Contract Formation, ]
Submit