FIDIC Or Orgalime Contracts?

Many industrial, energy and technology companies use Orgalime standard contracts when buying or selling technological plants and installations. However, Orgalime may not sufficiently address the challenges that can arise in relation to large facilities developed or customised to the customer's specific needs. Therefore, it may be relevant to consider a FIDIC contract, which contains more detailed regulations.

If your company is considering buying or selling a large technological facility, it is important to understand the significant differences between FIDIC and Orgalime contracts regarding risk allocation. In this article, we compare the FIDIC Yellow Book and two commonly used Orgalime contracts in relation to a number of key clauses.