Description
This Second Edition of the Conditions of Contract for Construction has been published by the Fédération Internationale des Ingénieurs-Conseils (FIDIC) as an update of the FIDIC 1999 Conditions of Contract for Construction (Red Book), First Edition.
Along with the FIDIC 1999 Yellow Book (the Conditions of Contract for Plant and Design-Build) and the FIDIC 1999 Silver Book (the Conditions of Contract for EPC/Turnkey Projects), the FIDIC 1999 Red Book has been in widespread use for nearly two decades. In particular, it has been recognised for, among other things, its principles of balanced risk sharing between the Employer and the Contractor in projects where the Contractor constructs the works in accordance with a design provided by the Employer. However, the works may include some elements of Contractor-designed civil, mechanical, electrical and/or construction works.