After many years of interaction with industry, the consulting profession and affected stakeholders, FIDIC formally announced the release of the new 2017 versions of the RED, Yellow and Silver Book contracts. Significant changes have been made to the 2017 additions adding to the already complex construction contract documents. The course will give a high-level overview of the changes after-which the course will go through the new Clauses in detail.
This two day programme is based on the FIDIC Approved Module 1 Workshop and introduces the FIDIC Suite of Contracts. It examines the roles of both the Employer and the Engineer and highlights the essential differences between the various contract documents. The responsibility for design is dealt with and a substantial amount of time is devoted to the issue of extensions of time, variations and certification. Dispute resolution under the FIDIC Contracts is highlighted and the issues of notices, claims and time bars are discussed in detail. This practical course is supplemented by true life case studies and group discussions ensure that delegates come away with a good understanding of the FIDIC philosophy.
FIDIC contracts are being increasingly used by the international Construction Industry throughout the World. The Multi-Lateral Development Banks, including the World Bank, Inter -American Development Bank & Caribbean Development Bank have adopted the FIDIC Conditions of Contract for Construction with modifications known as Harmonised Construction Contract.
Module 1 gives the delegates a sound understanding on the practical use of the FIDIC Construction (Red Book) & Design-Build (Yellow Book) Contracts. The procedures and application of the Contract clauses are explored and made realistic through extensive work exercises. Delegates will be much more confident in using these complex Contracts after completing the course.
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