An important feature of improved project management is a reduction in the time and cost of claims negotiation and dispute resolution. One of the consequences of the movement towards improving efficiency and reducing costs has been the increasing use of the Conditions of Contract as a manual of good project management procedures.

The FIDIC family of Conditions of Contract have been revised to meet this demand. The FIDIC Conditions of Contract for Construction (known as the 'New Red Book') was launched in September 1999 and is the most commonly used Conditions of Contract for international civil engineering construction.

The course presents the practical use of FIDIC Conditions of Contracts on the 1999 Red and Yellow Books with Highlights of the 2017 Second Editions.

Course Outline

5 days course

Day 1
Day 2
Day 3
Day 4
Day 5

Features and Introduction

Introduction to FIDC
Background to FIDIC Contracts Harmonization based on the Type of Project Features of the 1999 Editions
Structure of the Documents Forms
Overview of the 1999 Contracts
Main Differences between the 1999 Rainbow
Main Differences between the 1999 Construction Contract and the 1987 Red Book
Main Differences between the 2017 and the 1987Construction Contract
User Friendliness
Preparation of Conditions of Contract
Relationship between FIDIC Conditions of Contract and Legal Systems
Relationship between FIDIC Conditions and Public Procurement Law Risk Analysis
Construction Contract
Features of the Contract
Preparation of Conditions of Contract
Risk allocation
Which form to use?

Practical Guide for Using the FIDIC Conditions of Contract 1999

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