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FIDIC suite of contracts
The FIDIC suite of contracts is written and
published by the International Federation of
Consulting Engineers
The purpose of these standard forms is to
define the contractual relationship between
the parties and to apportion risks between
the contractor and the employer
Contracts allocate risks fairly to the party
that is best able to bear and control that
risk.
The main forms are differentiated by the
color of the contract book
The forms of contract are drafted for use on a
wide range of project types and the choice of
form depends on the type of project being
contemplated.
There are basically 6 types of contracts namely
Green Book, Red Book, Pink Book,Yellow Book,
Silver Book, and Gold Book.
All FIDIC contracts contain guidance on the
preparation of specific terms and conditions, and
provide examples of the areas where special
provisions may be required for a specific project.
FIDIC forms represent a starting point for the
preparation of a contract and can be altered,
modified or changed to best suit the needs of the
project
Green Book
Contract
Recommended Contractor No reference to
nominates a
for engineering constructs the an impartial
member of the
and building Works in Engineer in the
Employer’s
work of relatively accordance with contract who will
personnel to
lesser monetary design provided supervise the
fulfill the duties
value(<$500000) by the Employer work
of the Engineer
Red Book
Provides conditions of contract for construction works where the design is carried out
by the Employer
The engineer is responsible for issuing instructions, certifying payments and determining
completion.
If a dispute occurs, the engineer is required to settle the claim and reach an agreement
the focus is now more on type of procurement rather than the nature of the
works
• Risks for completion to time, cost and quality all lie on the
Contractor
The DBO contract adopts a “green-field” DBO scenario with a 20 year operation
period and a single contract awarded to a single contracting entity
Under the DBO contract the Contractor has no responsibility for either financing
the project or for its ultimate commercial success.
Successful performance of a long-term DBO contract requires that the parties fully
understand the overall time framework and the need for a long-term commitment
by both the employer and the contractor.