FIDIC Red Book - Construction Contract 1st Edition 1999 dredging contracts, FIDIC considers the official and authentic texts to be the versions in the English language. Fidic red book fidic tendering procedure fidic green book fidic contracts pdf fidic latest edition fidic contracts fidic dredging contract fidic bookshop. Document History. Superseded by: Client/consultant model services agreement. (White book) 5th edition (FIDIC, 2017). 2006 White book.
Introduction to FIDIC Contracts and Agreements FIDIC Contracts have been developed over 50 years as the international standard for the Consulting Industry. They are recognised and used globally in many jurisdictions, on all types of projects. The key ingredient for their success as industry standard lies in their balanced approach to the roles and responsibilities of the main parties, as well as the allocation and management of risk. For this reason, the fundamental principle behind the FIDIC contracts is the use of General Conditions of Contract, deemed to be suitable in all cases, based on thousands of successful projects around the world. However, given that no two projects are the same, FIDIC does acknowledge that special conditions will be required for project specific issues, on a case by case basis. All FIDIC contracts therefore contain guidance on the preparation of Particular Conditions, and provide examples of the areas where special provisions may be required for a specific project.
To diverge significantly from these guidelines is to increase the risk of shifting the balanced nature of the contract, and putting into jeopardy the successful implementation of the project.