Академический Документы
Профессиональный Документы
Культура Документы
knowledge at all!”
- Types of Manuals -
1
FIDIC Conditions of Contract
Civil Construction
‘Red Book’ (mainly)
4th Edition Employer-
1987,1992 Design
1999
FIDIC Conditions of Contract
Types of Manuals
Plant and
Electrical &
Design
Mechanical
Build
‘Yellow Book’ (Mainly
3th Edition Contractor
1987,1988 design)
Yellow ?!
Design-Build
and
Turnkey EPC
‘Orange Book’ Turnkey
First Edition Projects
1995
Silver Book
FIDIC Conditions of Contract
Types of Manuals
FIDIC “New Silver Book”:
Silver
• Certainty of outturn price
Yellow
Red
0% 100%
Amount of design by Contractor
FIDIC “Pink Book” -Harmonised
Conditions of Contract for Constructions
Issued after several Multilateral Development
Banks (MDB) agreed certain modifications for
some Clauses, for better reflecting their financing
principles.
Used for construction and engineering works,
designed by the Employer (as in the Red Book)
Allows the Bank to suspend payments to Borrower
– Sub-Clauses 2.4, 14.7 and 16.1
Engineer’s Authority may be unilaterally changed
by the Employer – Sub-Clause 3.1
Modifications concerning selection and activity of
DAB 12
Basic Principles and Selection of
FIDIC Documents – New Red Book
Every risk given to the other party has its cost, no Party
assumes a risk for free
FIDIC - Risk Distribution
Employer’s Risk ... and Flexibility Who takes the financial risk?
Priced with
Bill of quantities
Lump Sum