Disclaimer: This article provides general guidance and does not constitute legal advice. Proactive Steps to Succeed with FIDIC 2017:
Celebrating Five Years of FIDIC 2017: A Practical Legal Guide
This report details the correct bibliographic information, explains the changes in the updated edition, clarifies the legal status of PDF versions, and outlines the key features of the FIDIC 2017 contracts covered in the guide.
Navigating the FIDIC 2017 Suite: A Practical Legal Guide The International Federation of Consulting Engineers (FIDIC) published its Second Edition suite of contracts in 2017, introducing major changes to the Red, Yellow, and Silver Books. This updated legal guide examines the practical and contractual shifts that employers, contractors, and legal practitioners must master to successfully manage project risk, resolve claims, and avoid costly disputes. 1. Overview of the FIDIC 2017 Suite
Where FIDIC has issued an erratum to the wording of a sub‑clause, the Guide helpfully identifies it. The authors also maintain an on the International Construction Knowledge Hub, ensuring that users of the print edition can stay up‑to‑date.
Weaknesses
Under Sub-Clause 21.4, a DAAB decision is immediately binding on both parties, who must give effect to it promptly, regardless of whether a Notice of Dissatisfaction (NOD) is issued. 5. Practical Drafting and Negotiation Tips
Employer must pay within 56 days of the Engineer receiving the Statement. Delayed payments trigger financing charges. Termination
: Provides a clause-by-clause commentary primarily on the Yellow Book , with detailed cross-references to the Red and Silver Books .
A core theme of the 2017 update is bilateral equality. Obligations and constraints that previously applied primarily to the Contractor now apply equally to the Employer.
The book is necessary because the 2017 FIDIC contracts were significantly rewritten from the 1999 editions. The guide explains these shifts:
The "FIDIC 2017: A Practical Legal Guide" is a landmark publication that emerged as a direct response to this need. It is a comprehensive, clause-by-clause commentary on the 2017 FIDIC suite of contracts, authored by the directors, consultants, and staff of the leading FIDIC law firm, Corbett & Co, which is now part of Howard Kennedy LLP.
Disclaimer: This article provides general guidance and does not constitute legal advice. Proactive Steps to Succeed with FIDIC 2017:
Celebrating Five Years of FIDIC 2017: A Practical Legal Guide
This report details the correct bibliographic information, explains the changes in the updated edition, clarifies the legal status of PDF versions, and outlines the key features of the FIDIC 2017 contracts covered in the guide.
Navigating the FIDIC 2017 Suite: A Practical Legal Guide The International Federation of Consulting Engineers (FIDIC) published its Second Edition suite of contracts in 2017, introducing major changes to the Red, Yellow, and Silver Books. This updated legal guide examines the practical and contractual shifts that employers, contractors, and legal practitioners must master to successfully manage project risk, resolve claims, and avoid costly disputes. 1. Overview of the FIDIC 2017 Suite
Where FIDIC has issued an erratum to the wording of a sub‑clause, the Guide helpfully identifies it. The authors also maintain an on the International Construction Knowledge Hub, ensuring that users of the print edition can stay up‑to‑date.
Weaknesses
Under Sub-Clause 21.4, a DAAB decision is immediately binding on both parties, who must give effect to it promptly, regardless of whether a Notice of Dissatisfaction (NOD) is issued. 5. Practical Drafting and Negotiation Tips
Employer must pay within 56 days of the Engineer receiving the Statement. Delayed payments trigger financing charges. Termination
: Provides a clause-by-clause commentary primarily on the Yellow Book , with detailed cross-references to the Red and Silver Books .
A core theme of the 2017 update is bilateral equality. Obligations and constraints that previously applied primarily to the Contractor now apply equally to the Employer.
The book is necessary because the 2017 FIDIC contracts were significantly rewritten from the 1999 editions. The guide explains these shifts:
The "FIDIC 2017: A Practical Legal Guide" is a landmark publication that emerged as a direct response to this need. It is a comprehensive, clause-by-clause commentary on the 2017 FIDIC suite of contracts, authored by the directors, consultants, and staff of the leading FIDIC law firm, Corbett & Co, which is now part of Howard Kennedy LLP.
