A Practical Approach to FIDIC Contracts

The interactive course is based on the FIDIC Approved Module 1 Workshop and introduces the FIDIC Suite of Contracts.

Ratings 4.36 / 5.00

What You Will Learn!

A good understanding of the FIDIC Philosophy
Parties and Role Players
Signatories and Parties to the Contract: The Employer, The Engineer and The Contractor
Selecting the appropriate contract
The responsibilities of the main Parties
Design
The Management of Projects
Plant, materials and workmanship
Commencement, delay and suspension
Tests, defects and defects liability
Nominated Subcontractors
Financial Procedures
Payments: Interim and Final Payment
Suspension and Termination
The Employer's right to terminate the Contract
The Contractor's right to terminate the Contract
Risk, Liability and Force Majeure
Claims, Disputes and Arbitration
Adjudication
The role of the Dispute Adjudication Board
Amicable Settlement

Description

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.

The interactive course is based on the FIDIC Approved Module 1 Workshop and introduces the FIDIC Suite of Contracts, with special emphasis on the FIDIC Red and Yellow Book.

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 Emphasised 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.

Delegates will be provided with 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 quizzes and cases studies are utilised throughout the training. Delegates will be much more confident in using these complex Contracts after completing the course.