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An Introduction to FIDIC and

FIDIC Contract Books

Abhyankar Prateek (16P005)


Aniket Sharma (16P018)
Mohit Gaur (16P031)
Payal Bihani (16P036)
Rohan Gupta (16P044)
Udit Raizada (16P058)
FIDIC

FIDIC - ‘Fédération Internationale des Ingénieurs - Conseils’

The International Federation of Consulting Engineers

International Standards Organization for consulting


and construction engineering works

Best known for family of contracts for works which are


adopted worldwide for better and efficient practices
Activities

Publishes international standard forms of contracts as reference


data for works and involved parties

Publishes business practice documents such as policy


statements, position papers, guidelines, etc. in the areas of
management systems and business processes

Organizes the annual FIDIC International Infrastructure


Conference and an extensive program of seminars, and training
courses to train and make people aware of the best practices
Mission Vision

To work closely with


our stakeholders to
Enable the
improve the business
development of a
climate in which we
sustainable world as
operate and enable
the recognized global
our members to
voice for the
contribute to making
consulting
the world a better
engineering industry
place to live in, now
and in the future
Quality

FIDIC
Values
Sustaianbility Integrity
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

In the revised edition, focus is more on type of procurement

Administration & Supervision of the project is carried out by an Engineer who is


employed 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

If an engineer’s determination is unable to settle then the dispute will be referred to a


Dispute Adjudication Board formed of one or three people who are jointly appointed by
the parties
Pink Book (Red Book-MDB edition)

• The Pink Book is the form of contract used construction projects


for which MDBs are providing finance

• MDBs are supra-national institutions established by sovereign


states, who are their shareholders

• Their purpose is to help economic and social progress in


developing countries by financing projects, supporting investment
and generating capital

• African Development Bank, Asian Development Bank, Caribbean


Development Bank
Yellow Book
provides conditions of contract for construction works where the design is carried
out by the Contractor

the focus is now more on type of procurement rather than the nature of the
works

Administration & Supervision of the project is carried out by an Engineer who is


employed by the Employer

The engineer is responsible for issuing instructions, certifying payments and


determining completion

If an engineer’s determination is unable to settle then the dispute will be referred


to a Dispute Adjudication Board formed of one or three people who are jointly
appointed by the parties
Silver Book
• Suitable for use on process, power and private-infrastructure
projects where a Contractor takes on full responsibility for the
design and execution of a project

• Risks for completion to time, cost and quality all lie on the
Contractor

• The Silver Book transfers the risk of ground conditions to the


Contractor

• There is no reference to an Engineer in the Silver Book as the


onus of completion of the complete project lies on the contractor
only and the employer has very little interference
Gold Book
Conditions of Contract for Design, Build and Operate Projects with a long term
operation commitment

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.

It is constantly updated to include new procedures, terminology, and techniques


keeping in mind the long duration of project
Which contract to use

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