Understanding the FIDIC Red Book 2nd Edition
Released: January 2012
Practice Areas: Construction & Engineering
“Understanding the FIDC Red Book” (2nd Edition) examines the effect and operation of each contract clause through clause-by-clause commentary, helping you to interpret contract clauses correctly and decide whether amendments need to be made to suit your situation. The book:
- Reproduces each clause followed by bullet points of key features plus additional commentary on the clause’s operation, points of interest and relevant cases
- Compares the new contract with previous versions of the FIDIC Red Book and other widely used standard contracts, such as the ICE forms
- Provides guidance on whether amendments or deletions need to be made
- Features an overview chapter dealing with thematic issues such as the contract’s history and purpose, the concept of the engineer, time and money, dispute resolution, and enforcement of arbitral awards
- Discusses problems frequently encountered in practice in relation to clauses
- Discusses the MDB version and how this differs from the standard Red Book contract
- Features new sections on Claims, Disputes and Arbitration