Under the FIDIC Red Book 2017, Clause 12 [Measurement and Evaluation], specifically Sub-Clause 12.1
[Works to be Measured] , establishes that the Works shall be measured, and payment shall be based on the actual quantities of work executed in accordance with the Contract.
The key principle is that measurement is based on the "net actual quantities" of each item of Permanent Works. This means that only the final in-place quantities are considered, excluding wastage, shrinkage, or temporary excesses unless explicitly stated otherwise in the Contract. Therefore, Option A correctly reflects this fundamental rule.
Option B is incorrect because FIDIC does not generally allow additions for shrinkage or material losses unless expressly provided in the Particular Conditions or Specifications. Measurement is based on completed work, not material input.
Option C is incorrect because if an item is not included in the Bill of Quantities, valuation is determined under Sub-Clause 12.3 [Evaluation], where the Engineer determines appropriate rates-not the Contractor unilaterally.
Option D is incorrect because Option A is clearly aligned with FIDIC provisions.
Thus, Option A correctly represents the measurement methodology under FIDIC Red Book 2017.

Under FIDIC terminology, an ad-hoc Dispute Board is known as a DAB (Dispute Adjudication Board), which is appointed for specific disputes as they arise, rather than standing continuously.
The DAAB is a standing board appointed for the project duration, providing continuous dispute avoidance and adjudication.
Option D refers to arbitration, which is a different dispute resolution method.
References:
FIDIC Silver Book 1999 Edition, Clause 20 - Dispute Adjudication Board
FIDIC Contract Manager Study Guide, Module on Dispute Boards and Resolution

Option C is correct: The Contractor is entitled to financing charges (interest) on late payments, calculated as per the percentage specified in the Contract Data or corresponding Sub-Clause.
Option D is correct: The Contractor can suspend works or reduce progress after giving due notice, usually 21 days, if payments are not made on time.
Option A is incorrect; termination is not automatic right after the payment deadline expires.
Option B is incorrect; suspension requires prior notice rather than immediate action.
Option E is incorrect because the Contractor has additional remedies such as suspension, beyond just financing charges.
References:
FIDIC Red, Yellow, Silver Books 1999 & 2017 Editions, Sub-Clause 14.8 - Payment of Retention Money and Financing Charges FIDIC Contract Manager Study Guide, Module on Payment Procedures and Remedies

Delay Damages under FIDIC are primarily a pre-agreed measure to incentivize the Contractor to complete works on time rather than full compensation for all losses suffered. They simplify the process by avoiding the need for the Employer to prove actual losses.
Option A is incorrect; Delay Damages are generally not full compensation.
Option C is incorrect because Delay Damages remove the Employer's burden to prove actual loss.
Option B is the correct interpretation.
References:
FIDIC Red, Yellow, Silver Books 2017 Editions, Sub-Clause 8.7 - Delay Damages FIDIC Contract Manager Study Guide, Module on Delay Damages

This statement is true. The Silver Book (EPC/Turnkey contracts) usually involves lump-sum payment, but if part payment is based on quantity or work done, this must be explicitly provided for in the Particular Conditions to avoid ambiguity.
Such provisions ensure clarity on payment terms in line with project specifics.
References:
FIDIC Silver Book 1999 & 2017 Editions, Sub-Clause 14 - Payment Provisions FIDIC Contract Manager Study Guide, Module on Payment Procedures