PROVIDES A CLEAR AND COMPREHENSIVE GUIDE TO THE 2017 FIDIC
CONTRACTS--WRITTEN BY A MEMBER OF THE FIDIC UPDATES TASK GROUP
FIDIC contracts are the most widely used engineering standard form
contracts internationally but until 2017 the three main forms (the
Red, Yellow and Silver Books) had not been amended or updated for
nearly two decades, since the first editions were published in 1999.
Written by a specialist lawyer who was member of the FIDIC Updates
Task Group responsible for writing the new contracts, this book
examines in detail the many substantial changes they have introduced.
After providing an overview the contracts are examined clause by
clause with the aim of showing how each compares and contrasts with
the others and how the second editions compare and contrast with the
first.
The first chapter describes how the Red, Yellow and Silver Books
evolved from earlier contract forms and the distinctive
characteristics of each, before providing an overview of the updates,
including new potential risks for both Employer and Contractor, and
then examining, in the second chapter, key general provisions such as
the new rules on notices and limitation of liability. Chapter 3
examines the enhanced role of the Engineer in the Red and Yellow
Books/Employer’s Representative’s function in the Silver including
the new procedure for determinations as well as the Employer’s
obligations and contract administration. The Contractor’s
obligations are considered in chapter 4 while chapter 5 examines his
responsibility for design in the Yellow and Silver Books. Chapters 6
to 14 deal respectively with plant, materials and workmanship and
staff and labour; time-related provisions in the three contracts
including extensions of time, and the Employer’s right to suspend
the works; testing on and after completion and the Employer’s taking
over of the works; defects after taking over, acceptance of the works
and unfulfilled obligations; measurement (in the Red Book), the
Contract Price and payment; the new variations regime and adjustments
to the Price; termination and suspension; care of the works and
indemnities and Exceptional Events (previously, Force Majeure). An
important feature of the new contracts is their increased emphasis on
clarity in the claims process and on dispute avoidance. These topics
are examined in the final two chapters, 15 and 16, which deal
respectively with the new claims and dispute resolution provisions of
the 2017 forms.
* FIDIC contracts are the most widely used standard forms of
contract for international engineering and construction projects
* Provides a clear and comprehensive guide to the 2017 FIDIC Red,
Yellow and Silver Books
* Written by a senior specialist lawyer and member of the FIDIC 2017
Updates Task Group responsible for writing the new contracts
* Accessible to those with little or no familiarity with FIDIC
contracts
_The 2017 FIDIC Contracts _is an important guide for anyone engaged in
international projects, including employers, contractors, engineers,
lawyers, suppliers and project financiers/sponsors.
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Produktdetaljer
ISBN
9781119514657
Publisert
2020
Utgave
1. utgave
Utgiver
Wiley Global Research (STMS)
Språk
Product language
Engelsk
Format
Product format
Digital bok
Forfatter