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ARTICLE · 19 DECEMBER 2017

FIDIC Red Book 2017 - A MENA Perspective

On 5 December 2017, over 17 years after the 1st edition, the International Federation of Consulting Engineers (FIDIC) published the second editions of its Rainbow Suite of contracts.

United Arab EmiratesEmployment and HR

 On 5 December 2017, over 17 years after the 1st edition, the International Federation of Consulting Engineers (FIDIC) published the second editions of its Rainbow Suite of contracts. In a contractual landscape that has traditionally been dominated by the older FIDIC 87 Red Book, the new "Red Book" will be of particular interest to those operating in the Gulf region.

Headlines:

  • A philosophy that is broadly similar to the pre-release version of the Yellow Book 2017.
  • 1st Edition risk profile is generally maintained.
  • Generally less flexible, more complex and less user friendly.
  • 50% longer than the 1st Edition.
  • Expanded role and powers for the Engineer.
  • Exceptionally prescriptive drafting, such as new definitions and "step-by-step" procedures, resulting in a greater administrative burden on the Contractor and, in principle, additional costs for the Employer.

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