Practical Use of The FIDIC Contracts

Introduction

This course illustrates the use of the 1999 FIDIC Conditions of Contract for Construction (the ‘Red Book’) and the FIDIC Conditions of Contract for Plant and Design-Build (the ‘Yellow Book’). The course is designed to give attendees confidence in working with these contracts, whether representing employers, consultants, or contractors. To ensure that attendees get the most out of the course, they will also have the opportunity to review case studies based on real-life situations to help them understand the correct practical application of the FIDIC clauses.

Training Methodology

This online training course will utilize a variety of proven online learning techniques to ensure maximum understanding, comprehension, retention of the information presented. The training course is conducted online via an advanced virtual learning platform in the comfort of any location of your choice.

Organisational Impact

Organization will benefit as a result of:

• Ensure the project team comply with the Contractor’s obligations
• Ensure the project team are aware of Contractor’s liabilities under the Contract
• Manage and control company risks on the project
• Ensure that the project team are aware of time and financial remedies under the contract
• Ensure that contractual claims are correctly identified, valid and managed properly
• Control and manage the Contractor’s financial recovery under the Contract
• Control and manage the Contractor’s financial risks, liabilities, and costs under the Contract
• Control and manage the Contractor’s obligations regarding programmes and planning
• Ensure that the project team are aware of time obligations and risks under the Contract
• Maintain goodwill
• Avoid costly and time-consuming disputes