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A Practical Approach to FIDIC Contracts
Rating: 4.4 out of 5(406 ratings)
897 students

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.
Created byKevin Spence (Pr Eng, BSc Eng)
Last updated 1/2021
English

What you'll 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

Course content

41 sections • 41 lectures • 5h 28m total length

  • Introduction1:51

    Explore the Fiteq red and yellow book contracts in the rainbow suite; learn to choose the form, define employer and engineer roles, and manage extensions, variations, notices, and disputes.

Requirements

  • A basic understanding of construction contracts is an advantage

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.


Who this course is for:

  • Engineers, quantity surveyors, lawyers, project managers, funding agents, such a Development Banks will benefit enormously.

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