INSIGHTS

FIDIC contracts—introduction to the FIDIC Green Book 2021

 10/01/2023

Get in touch

Victoria Tyson, Partner

INSIGHTS

FIDIC contracts—introduction to the FIDIC Green Book 2021

 January 10, 2023

Get in touch

Victoria Tyson, Partner

This Practice Note is an introduction to the FDIC Green Book 2021 (the Short Form of Contract). It is not a fully detailed clause-by-clause commentary. This article was first published by LexisPSL.

For what type of project is the Green Book suitable?

The FIDIC Green Book is primarily intended ‘for projects where the perceived level of risk is low, and/or where construction parties wish to use a form which is simple to use and does not require significant contract administration and management resources’. Its use is not restricted to simple or repetitive works and/or short duration and/or limited capital value projects. The Green Book is an alternative to the FIDIC Red or Yellow Book 2017. Like all the contracts in the FIDIC suite, the FIDIC Green Book is designed to be suitable for use on international projects

Related

  • ‘Taking-Over’ in the FIDIC Red Book 1999: Common Problems

    Disputes in respect of taking-over are not unusual in economically challenging environments. Employers may be in no hurry to take responsibility for the finished project, release retention monies and/or relinquish entitlement to delay damages. Contractors will want to finish as quickly as possible, reduce/end site costs and/or start the Defects Notification Period. Introduction In the

  • FIDIC Dispute Board Decisions: Late for a Very Important Date?

    A FIDIC dispute board has just 84 days to give a decision, which is not very long. What happens when a FIDIC dispute board (DAB or DAAB) fails to deliver its decision on time and neither party serves a notice of dissatisfaction? The FIDIC dispute board and its decisions FIDIC's Red, Yellow and Silver books

  • ‘Taking-Over’ in the FIDIC Red Book 1999: Common Problems

    Disputes in respect of taking-over are not unusual in economically challenging environments. Employers may be in no hurry to take responsibility for the finished project, release retention monies and/or relinquish entitlement to delay damages. Contractors

  • FIDIC Dispute Board Decisions: Late for a Very Important Date?

    A FIDIC dispute board has just 84 days to give a decision, which is not very long. What happens when a FIDIC dispute board (DAB or DAAB) fails to deliver its decision on time and

  • FIDIC Green Book 2021 – Short and Simple?

    As one of the drafters of the Green Book 1999, the author of this article is biased in favour of the Green Book 2021. Despite that, it seems a pity that the Green Book 2021

  • FIDIC 1999 Books – Commentary on Clause 10

    Summary Clause 10 deals with the Taking-Over of the Works, Sections, or parts of the Works. Sub-Clause 10.1 deals with the Taking-Over of the Works and Sections. Taking-Over by the Employer happens when the Works

  • FIDIC 1999 books – Commentary on Clause 20

    Summary Clause 20 deals with claims, disputes and arbitration. Sub-Clause 20.1 deals with the Contractor’s claims. The Contractor must give notice wherever it considers itself entitled to additional time and money within 28 days. The

  • As simple as it seems? – an analysis of the prolongation costs clause in the FIDIC Green Book 2021

    This article reflects on the introduction of an automatic contractual mechanism for calculating prolongation costs into the Green Book 2021 and will consider whether it will remove the expense of experts and lawyers from the