In the world of international construction contracts, disputes are inevitable, even in the best-managed projects. The FIDIC Silver Book (2017 Edition) anticipates this reality and provides a clear framework for resolving disputes efficiently. At the heart of this framework lies Clause 21 — “Disputes and Arbitration.” Understanding this clause is critical for contract administrators, project … Read more
Introduction: The FIDIC Silver Book (2017 Edition) is widely recognized in international construction contracts for allocating risk and responsibility clearly between Employers and Contractors. Among its many clauses, Clause 20: Employer’s and Contractor’s Claims stands out as one of the most practical, critical, and potentially contentious. Why? Because claims — whether for additional payment, extension … Read more
The FIDIC Silver Book (2017 Edition), officially titled Conditions of Contract for EPC/Turnkey Projects, is specifically designed for Engineering, Procurement, and Construction (EPC) projects where the Contractor undertakes full responsibility for delivering a complete, functioning facility at a fixed price and within a fixed timeframe. Unlike the FIDIC Red or Yellow Books, the Silver Book … Read more