IChemE Launches International Forms Of Contract

In November 2007 the Institution of Chemical Engineers launched a suite of standard form process plant contracts for use internationally.

The International Forms of Contract have been drafted in response to the growing number of process plants that are being constructed overseas. They are based on and are a development of the existing domestic IChemE contracts that were first published in 1968.

Prior to the publication of these contracts and in addition to bespoke contracts drafted for such schemes, several standard forms of contract already existed that were suitable for the design and construction of process plants overseas. These include: the FIDIC Conditions of Contract for Plant and Design-Build (Yellow Book), the ENAA Model Form International Contract for Process Plant Construction, and newly published ICC Model Turnkey Contract for Major.