CONTRACT ADMINISTRATION
Contractor
On 5 December 2017, new editions of the Yellow, Red and Silver
Books were published by the International Federation of Consulting
Engineers (FIDIC). This follows publication of a
pre-release Yellow Book in December 2016. Significant changes have
been made to the new Yellow Book. It is approximately 50% longer
than the 1999 version with most provisions having been re-drafted -
though the standard FIDIC approach to clause names and numbering is
largely unaltered. FIDIC appears to have taken on board much of the
critical feedback it received on the pre- release Yellow Book,
softening the risk allocation that was previously viewed by some as
not reflecting good industry practice. However, the 2017 Yellow
Book is still much more administratively burdensome than its 1999
counterpart, with various deeming provisions and time bars that may
catch parties out if they are not careful. FIDIC has stated that
the new Books are aimed at
