It has been 18 years since the last release of the FIDIC Rainbow Suite. 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 contract document has essentially doubled in size, highlighting comprehensive and detailed rules under construction contracts, as well as make them more user friendly
Based on this much has changed within the new contract, specifically within the role of the Engineer, quality management, advanced warning and specifically the claims procedure.
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 and changes to the FIDIC Suite of Contracts.
