Risks in the Construction of Hydropower Projects: Unforeseen Ground Conditions under FIDIC

Hydropower projects rely heavily on ground conditions, which are often unpredictable despite pre-tender investigations. This article explores how FIDIC contracts, especially the Emerald Book 2019, address risk allocation and mitigation in underground construction projects.

By |13/11/2023|Knowledge Hub|Comments Off on Risks in the Construction of Hydropower Projects: Unforeseen Ground Conditions under FIDIC

FIDIC’s Emerald Book – A contractor’s charter or optimum risk allocation?

Is FIDIC’s new Emerald Book overly contractor-biased or does it offer pragmatic risk allocation for underground works? This article compares its benefits and risk distribution with the unamended FIDIC Yellow Book, especially regarding employer risks in claim-prone areas.

By |10/03/2020|Arbitration, featured, FIDIC, Knowledge Hub|Comments Off on FIDIC’s Emerald Book – A contractor’s charter or optimum risk allocation?

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