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FIDIC was established in 1913 to represent the business interests of consulting engineers. This objective was eventually extended to clarify the important role of the engineer in administering construction contracts - a responsibility which was assumed by FIDIC, with strong support from the contracting fraternity, and financing institutions. And so, the first Red Book was published in August 1957. Remarkably, this document remained largely unchanged until 1977. The first Yellow Book followed in 1963, and also proved very successful, with over 50,000 copies sold in over 80 countries, before it was finally reviewed in 1980. FIDIC contracts are designed to survive, and to stand the test of time. This is what makes them the international standard. This is what earns them the right to be protected, and clear guidance offered on their interpretation and correct use at forums such as the FIDIC Contract Users' Conference. This session will provide a 360º perspective on the evolution of the FIDIC Suite of Contracts towards where we are today and set the scene for further discussion on the next generation of the suite as presented in the 2017 edition.
FIDIC’s Contracts Committee has updated the FIDIC 1999 Suite of Contracts (Red Book, Yellow Book and Silver Book) and the Second Edition 2017 of each of these three FIDIC contracts are being launched at this conference. In this session, members of FIDIC’s Contracts Committee, Executive Committee and Updates Task Group will identify the main changes that have been made to the 1999 Rainbow Suite and will briefly explain why these were decided by FIDIC to be necessary or an improvement. The speakers will cover:
Since the first Red Book was published in 1957 the Engineer has played a central role in the administration of a FIDIC contract. That role has evolved through the various editions and updates to reflect the myriad of changes in international construction projects over the years, and the latest 2017 editions of the Red and Yellow Books encapsulate that continuing Evolution. This session will chart that evolution and review some of the key changes to the Engineer's role to be found in the 2017 editions, covering:
This session will discuss ways to try to avoid claims arising in the first place but then, if they do arise, how best to present claims under the FIDIC form with particular reference to:
The FIDIC Pink book has been included in the IFI Standard Bidding Documents for almost 15 years. During this time much has evolved in procurement and project delivery. The World Bank, along with other IFIs, has under gone extensive procurement reforms aimed at better achieving value for money. Defining the way forward, so that procurement can be used as a strategic tool in achieving core objectives of recipient countries, as well as financial institutions, taking into account key issues such as sustainability, integrity, and capacity building, is critical. This session will:
This session will offer an exclusive insight into the new FIDIC guidance on safely modifying FIDIC Conditions of Contract by maintaining the integrity of the FIDIC Golden Principles, in order to minimize disputes. The presenters are members of Task Group 15 on Golden Principles, whose remit is to determine the limits of acceptable modification of Clauses in the Particular Conditions, so as the resultant contract can still be recognised as a FIDIC compliant contract. These FIDIC Golden Principles are applicable to both the FIDIC 1999 Suite, and the 2017 Second Editions. Case studies on critical Do’s and Dont’s will be provided in the content of this session.
Clauses 17 to 19 of the New Editions of the FIDIC Forms of Contract have been extensively modified to incorporate the latest thinking of risk and risk management as expressed in International standards, and in particular the 2009 Australian/New Zealand Standard AS/NZS ISO31000:2009. The changes made reflect also modifications to the flow from risk to responsibility, liability,indemnity and insurance. This session will deal with these modifications, and in particular it will include:
As there are distinct differences between the variousFIDIC Forms, there would be differences between the wording of these Clausesfor the Red, Yellow, and Silver Books and eventually the Gold and Bronze Book.
This session will take you through FIDIC’s update of its suite of Agreements, released in February 2017, for use in professional services contracting. The new White Book (update of the 2006 Edition) for Client-Consultant relations, the Sub-consultancy Agreement, 2nd edition, 2017, whenever a White Book (or other) Consultant aims at subcontracting part of its Services, and the JV Agreement for Consultants, 2nd edition 2017, forming a JV or a Consortium to deliver Services to a Client, under a White Book arrangement or other. Coverage includes:
FIDIC has taken a long journey updating the 1999 Suite of Contracts, and the new books apparently became much more detailed in contents and in certain procedures. This session introduces some of the various more detailed contract management procedures in these documents, and seeks the answer to the question, whether all these efforts were worth and the books became easier to apply and more user friendly? Areas covered:
Join us to Celebrate the 60th Anniversary of the FIDIC Red Book, and the 30th Anniversary of this special Users Conference! It's time to celebrate and to acknowledge all those whose considerable efforts over many years have led to the huge success, not only of the FIDIC contracts, but also the 30th occasion that leading exponents have gathered together here in London, to share their vast experience, and strengthen the international community of FIDIC Users. Find out more.