FIDIC Red, Yellow and Silver Books: A Practical Guide to the 2017 Edition

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FIDIC Red, Yellow and Silver Books: A Practical Guide to the 2017 Edition

Author Leo Grutters, Brian Barr
Publication Date July 2018
ISBN 9780414058453
Format Hardcover
Publisher Sweet & Maxwell

 

The FIDIC Red, Yellow, and Silver volumes give a clause-by-clause examination of the 2017 versions of the FIDIC contracts from the standpoint of a drafter. Readers will learn how each subclause is connected, as well as how to read clauses correctly to minimise and prevent future problems.

Key features of FIDIC:

Provides a thorough examination of the 2017 FIDIC Conditions of Contract, clause by clause.

  • Red Book - Works of Civil Engineering Construction
  • Yellow Book - Electrical and Mechanical Works including Erection on Site
  • Silver Book - EPC/Turnkey Projects

Takes the reader through each clause and explains what they mean and how they work.

  • The reader is taken through each sentence and their meaning is explained. This section explains how to interpret each subclause.
  • Provides information on the dangers and traps that might arise when parties interpret clauses.
  • The interconnections between each subclause are explained, as well as the repercussions of using or changing them.
  • The user is guided through how to utilise the numerous sub-clauses to reduce or eliminate future disagreements.
  • Explains the reasoning for FIDIC's decision to release the new contracts, such as addressing conflicts caused by earlier terms.
  • Provides an outline of the differences between the 2017 and 1999 editions, as well as why they were deemed significant.
  • Flow charts and diagrams are often used to illustrate ideas. demonstrating how the contract procedures are supposed to work in terms of purpose and impact.

TABLE OF CONTENTS of FIDIC 

1. Why the need for the new editions

2. Comparison of 2016 and 1999 editions

3. The Red Book
The Employer
The Engineer
The Contractor
Nominated Subcontractors
Staff and Labour
Plant, Materials and Workmanship
Commencement, Delays and Suspension
Tests on Competition
Employer’s Taking OverDefects Liability
Measurement and Evaluation
Variations and Adjustments
Contract Price and Payment
Termination by Employer
Suspension and Termination by Contractor
Risk and Responsibility
Insurance
Force Majeure
Claims, Disputes and Arbitration
General Conditions of Dispute Adjudication Agreement
Annex Procedural Rules

4. The Yellow Book
The Employer
The Engineer
The Contractor
Design
Staff and Labour
Plant, Materials and Workmanship
Commencement, Delays and Suspension
Tests on Competition
Employer’s Taking Over
Defects Liability
Tests after Completion
Variations and Adjustments
Contract Price and Payment
Termination by Employer
Suspension and Termination by Contractor
Risk and Responsibility
Insurance
Force Majeure
Claims, Disputes and Arbitration
General Conditions of Dispute Adjudication Agreement
Annex Procedural Rules

5. The Silver Book
The Employer
The Employer’s Representative
The Contractor
Design
Staff and Labour
Plant, Materials and Workmanship
Commencement, Delays and Suspension
Tests on Competition
Employer’s Taking Over
Defects Liability
Tests after Completion
Variations and Adjustments
Contract Price and Payment
Termination by Employer
Suspension and Termination by Contractor
Risk and Responsibility
Insurance
Force Majeure
Claims, Disputes and Arbitration
General Conditions of Dispute Adjudication Agreement
Annex Procedural Rules

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