FIDIC’s Red and Yellow Books (i.e. standard forms of contract for works of civil engineering construction and for electrical and mechanical works) have been in widespread use for several decades, and have been recognised – among other things – for their principles of fair and equitable risk sharing between the Employer and the Contractor. These risk sharing principles have been beneficial for both parties, the Employer signing a contract at a lower price and only having further costs when particular unusual risks actually eventuate, and the Contractor avoiding pricing such risks which are hard to evaluate. These risk sharing principles are continued in the new updated versions of the Red and Yellow Books.
EPC/Turnkey Contract 1st Ed (1999 Silver Book)
40,00€ IVA incluido
Conditions of Contract for EPC Turnkey Projects (First Edition, 1999).
General Conditions; Guidance for the Preparation of Conditions Particular Application; Forms of Tender and Agreement, etc.