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ARTICLE · 20 NOVEMBER 2019

Employer's Remedies Under FIDIC Silver Book

Erdem & Erdem Law
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This contract provides for a high degree of certainty on time of completion, as well as project costs.

TurkeyGovernment, Public Sector
Melissa Balikci
Melissa Balikci
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Introduction

This newsletter briefly explains the Employer's remedies under FIDIC (the acronym for Fédération Internationale Des Ingénieurs-Conseils) Silver Book (the Conditions for EPC1/Turnkey Projects) which is one of the most well-known contacts. FIDIC has published several standard forms of contracts and has updated them in 2017 considering the need for improvement2. These contract forms are very reputable and frequently used in many construction projects. As it is clear from its name, the Silver Book3 is used for turnkey projects and this contract is one that places significant risks on the Contractor. This contract provides for a high degree of certainty on time of completion, as well as project costs. There are several remedies available to the Employer under this contract, which are:

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