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ARTICLE · 14 JULY 2021

An Introduction To The 2017 FIDIC Suite

Taylor Wessing
Taylor Wessing
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Taylor Wessing

Founded in 1986 and formerly known as e|n|w|c Attorneys at Law, Taylor Wessing CEE today is the...

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The FIDIC conditions of contract have been in widespread use internationally for decades and are the contract of choice for many international process plant and infrastructure projects particularly in Europe, the Middle East and Asia.

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The FIDIC conditions of contract have been in widespread use internationally for decades and are the contract of choice for many international process plant and infrastructure projects particularly in Europe, the Middle East and Asia.

In December 2017, FIDIC published the second edition of the Red Book (Conditions of Contract for Construction), Yellow Book (Conditions of Construction for Plant and Design Build) and Silver Book (Conditions of Contract for EPC Turnkey Projects) ("2017 FIDIC Suite"). This set of documents is intended to update the previous editions which were published in 1999.

The 2017 FIDIC Suite is stated by FIDIC to continue FIDIC's fundamental principles of balanced risk sharing while seeking to build on the user experience and to modernise the contracts. The amendments are extensive with more detailed contractual provisions, new definitions which are now contained in alphabetical order, and changes in terminology, all of which have led to the

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