FIDIC Contracts

A new suite of FIDIC contracts is due to be published later this year.

In 1999, FIDIC issued the First Edition of its "Rainbow Suite" of construction contracts, which were intended to be modern and balanced standard forms of construction contract, for the procurement of construction works globally. 

At the recent FIDIC Users' Conference in London, FIDIC issued a "pre-release" version of the "New Yellow Book").

FIDIC plans to publish simultaneously in 2017 new editions of the three principal forms, known as the Red (Construction), Yellow (Plant and Design Build) and Silver (EPC / Turnkey Projects) Books. As before, it is understood that the wording of these forms is to be identical where appropriate, with the result that most of the changes being introduced into the new Yellow Book will also be found in the Red and Silver equivalents.