Tue, 15 Mar

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Webinar

Fidic Red Book (Construction) And Yellow Book (Plant & Design-Build) Course

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Fidic Red Book (Construction) And Yellow Book (Plant & Design-Build) Course

Time & Location

15 Mar, 08:00 – 8:05

Webinar

About the event

COURSE OUTLINE  In this workshop, we will look at some of the mechanisms and important provisions of the FIDIC Red Book & Yellow Book (FIDIC) Construction contracts. Delegates will gain an understanding of why FIDIC is best suited for African projects. Delegates will learn best practices, the FIDIC concepts and timelines, understand each of the party’s roles in terms of the contract.  This workshop will equip delegates to complete their project successfully, on time, within budget, and in compliance with the Employer’s requirements or specifications.

Session 1

  • why the FIDIC contract best suits the specific project
  • How to ensure that the FIDIC contract is entered into in accordance with best practice
  • FIDIC concepts & timelines
  • Appreciate when liability is being taken on by the employer, by the contractor & by the engineer and the risk that flows from it
  • The parties to the contract:
  • Employer, Contractor, the Engineer;
  • Contractual obligations of each party

Session 2

  • The claims process & how to bring claims, determine claims, and defended claims.
  • The role of Subcontractors
  • The role of the program and whether the Contractor has an obligation to follow the same
  • Taking over and final completion processes
  • Defects liability

Session 3

  • Different forms of security recognized by FIDIC;
  • The process of suspension and termination;
  • Variations, especially:
  • who may vary the works, when a party may vary the works, and how compensation for variations is calculated
  • FIDIC payment process;
  • Dispute resolution process in the South African context

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