3/10/2024 0 Comments Fidic white book pdfFor this reason, the fundamental principle behind the FIDIC contracts is the use of General Conditions of Contract, deemed to be suitable in all cases, based on thousands of successful projects around the world. The key ingredient for their success as industry standard lies in their balanced approach to the roles and responsibilities of the main parties, as well as the allocation and management of risk. So that General Conditions and Particular Conditions together comprise the conditions governing the rights and obligations of the parties. They are recognised and used globally in many jurisdictions, on all types of projects.įIDIC intends to publish an updated 'White Book Guide' which includes comments on clauses in the Model Services Agreement and notes towards the preparation of Appendices 1. Introduction to FIDIC Contracts and Agreements FIDIC Contracts have been developed over 50 years as the international standard for the Consulting Industry.
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