FIDIC (Fédération Internationale Des
Ingénieurs-Counseils) is an international professional
organization consisting of consulting engineers' chambers. The
standard contracts constituted by FIDIC based on the
organization's years of experience are frequently used in
international projects, as they bring uniformity to technical,
operational and legal matters. Two of the most known FIDIC
contracts are the Red Book, where the employer carries out the
design, and the Yellow Book, where the contractor carries out the
design. After FIDIC introduced new model contracts providing more
flexibility to the parties for different needs and published
updated versions to allocate the risks to the parties in a more
balanced manner, FIDIC contracts' use became considerably
widespread. Today, FIDIC contracts are used both in international
projects and local projects.
