Understanding The Fidic Red And Yellow Books, 3rd Edition by Jeremy G. and Simon H. | 2018

Understanding The Fidic Red And Yellow Books, 3rd Edition

Understanding the FIDIC Red and Yellow Books, which has been updated to cover the 2017 FIDIC Suite of Contracts, continues the helpful clause-by-clause commentary that is important to any construction professionals working with FIDIC contracts. This publication now includes coverage for FIDIC in Civil Law as well as Common Law jurisdictions thanks to practitioners in the UAE.

New to this edition of Understanding The Fidic Red And Yellow Books:

• explains how the FIDIC contract terms apply to countries with civil law, like the UAE.
• includes an overview chapter covering topics such the background and goals of the contract, the engineer's role, cost and time constraints, dispute settlement, and the enforcement of arbitral rulings.

Key features of Understanding The Fidic Red And Yellow Books:

• discusses The Red Book, one of the most important international construction contracts, which contains the 2017 FIDIC Terms of Contract for Works of Civil Engineering Construction.
• The 2017 FIDIC Terms of Contract for Electrical and Mechanical Works, Including Erection on Site, are also covered: Yellow Book
• reproduces each clause in its entirety, explains how it works, takes recent case law into account, and discusses issues that are regularly encountered in practice.
• assists the user in accurately interpreting contract clauses and determining whether modifications are necessary to suit your scenario.
• compares the new contract to earlier iterations of the FIDIC Red Book and other commonly employed standard contracts, such the ICE forms
• Addresses issues with clauses that are regularly encountered in practice and provides suggestions on whether adjustments or deletions need to be done.
• examines in depth the MDB harmonised Red Book, which the World Bank has approved for usage, and its differences from the Red Book's standard version.