FIDIC: Pitfalls and Best Practice

DIFC Academy in partnership with LexisNexis and Galadari Advocates & Legal Consultants will host a course on the FIDIC suite of contract templates.

FIDIC is the contract of choice for major construction projects across the globe. The aim of the course is to allow participants in understanding the FIDIC philosophy, choosing the correct form of contract and adapting it correctly and to give an overview of the various provisions within FIDIC such as payment, time and completion, defects and contractual limitations. The course is aimed at individuals and companies who are currently working with or are interested in working with FIDIC contracts in the future and will be delivered in two sessions:

Session 1 – Introduction to the Rainbow Suite, FIDIC Philosophy, Schedule of Amendments, Overview of the 1999 Red Book.

Session 2 – Pitfalls with Particular Clauses, Design Obligations, Limits on Liability, Instructions and Variations, Contractor’s Lien.