FIDIC Contracts Management

Overview:

Introduction:

FIDIC contracts are widely recognized in international construction and engineering projects, providing standardized frameworks for contract management, risk allocation, and dispute resolution. These contracts help ensure clarity, fairness, and efficiency in contractual relationships between employers, contractors, and consultants. This training program explores the key principles of FIDIC contracts, how they are applied in construction and infrastructure projects, and effective strategies for managing risks, variations, and disputes under FIDIC frameworks.

Program Objectives:

At the end of this program, participants will be able to:

• Identify the structure, key features, and applications of FIDIC contracts.

• Analyze the contractual obligations and risk allocation in FIDIC agreements.

• Explore provisions related to variations, delays, and claims management.

• Evaluate risk mitigation strategies within the FIDIC contract framework.

• Discover dispute resolution mechanisms and techniques for resolving conflicts.

Targeted Audience:

• Contract Managers.

• Project Managers.

• Legal Professionals.

• Engineers and Architects.

• Procurement Specialists.

• Construction Professionals involved in contract management.

Program Outline:

Unit 1:

Introduction to FIDIC Contracts:

• Overview of FIDIC and its suite of contracts.

• History and evolution of FIDIC contracts in international projects.

• Structure and key features of FIDIC contract forms.

• Roles and responsibilities of employers, contractors, and consultants.

• FIDIC contracts in various industries.

Unit 2:

 FIDIC Contract Provisions:

• Overview on the FIDIC Red, Yellow, and Silver Books.

• Key provisions governing contractual rights and obligations.

• Mechanisms for handling variations, extensions, and adjustments.

• Conditions related to time extensions and delay claims.

• Responsibilities for contract administration and compliance.

Unit 3:

Managing FIDIC Contracts Effectively:

• Techniques for monitoring and tracking contract performance.

• How to manage contractual changes and variations efficiently.

• Key activities for maintaining proper documentation and records.

• Framewworks for addressing compliance with contract terms and specifications.

• Communication and coordination strategies in FIDIC contract execution.

Unit 4:

Risk Management in FIDIC Contracts:

• Identification methods of common risks in FIDIC-based projects.

• Risk allocation strategies under different FIDIC contract types.

• Procedures for handling unforeseen events and force majeure.

• Strategies for minimizing contractual and financial risks.

• Importance of developing a structured risk management plan for FIDIC projects.

Unit 5:

Dispute Resolution in FIDIC Contracts:

• Overview of dispute resolution mechanisms in FIDIC contracts.

• Role and function of the Dispute Adjudication Board (DAB).

• Arbitration and litigation procedures under FIDIC guidelines.

• Effective negotiation and dispute avoidance strategies.

• Techniques for managing contract disputes efficiently.