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The 2017 FIDIC Contracts (Hardcover)
Loot Price: R2,532
Discovery Miles 25 320
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The 2017 FIDIC Contracts (Hardcover)
Expected to ship within 12 - 17 working days
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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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