FIDIC Silver Book (2017 Edition) – July 2023

This two-day workshop will provide a thorough understanding of the FIDIC EPC form of contract. Following on from a brief overview of FIDIC contracts the course look at the background to EPC projects and their specific features.

The course highlights the risk shift from the Employer to the Contractor and the associated increase in initial costs of the project. The consequences of the Contractor accepting more risk and the Employer’s certainty of time and price of the project is discussed in detail.

The manner in which the Silver Book approaches these features will be compared to and contrasted with the approach taken by the more traditional FIDIC contract forms.  The introduction will be followed by a detailed explanation of each clause with emphasis on the key issues such as:

• General Conditions
• Guidance for the Preparation of the Particular Conditions
• Forms of Tender and Contract Agreement
• Contractors’ responsibility for design
• Fitness for purpose
• Testing
• Payments
• Variations
• Errors in Employer’s requirements
• Unforeseeable physical conditions
• Standard Schedules to the agreement
• Dispute Adjudication Agreement
• The course will also cover the dispute resolution processes defined by FIDIC, including foreseeable developments in this area.