A. What are FIDIC Contracts?
Construction projects tend to involve a vast number of
activities performed over a protracted period of time by different
parties. Each role carries its own duties and risks. This
necessitates a robust contract regulating the terms between the
parties concerned.
A construction contract is generally either an ad hoc
contract or a standard form contract. Ad hoc contracts are
bespoke, drafted for a specific task or purpose, whilst standard
form contracts are pre-prepared standardised as tailored and
localized to the specific realities of a project and localized to
the applicable law. In the construction industry there are various
bodies that have published standard form contracts. These include
the International Federation of Consulting Engineers'
("FIDIC") "FIDIC Contracts",
Joint Contracts Tribunal's "JCT Contracts" and the
Institution of Civil Engineers' "NEC Contracts".
These contracts, and others, have become industry standard
