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Advance FIDIC Contracts Management



This training program offers participants an in-depth understanding of the FIDIC suite of contracts and their practical applications. It empowers them to enhance their contract management capabilities and drive project success.

Program Objectives:

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

  • Understand the principles and structure of FIDIC contracts.

  • Learn practical applications and management of FIDIC contract provisions.

  • Develop skills to handle variations, claims, and disputes under FIDIC contracts.

  • Gain insights into the roles and responsibilities of parties in FIDIC contracts.

  • Enhance strategies for risk management and dispute resolution in FIDIC contracts.

Targeted Audience:

  • Project Managers.

  • Contract Administrators.

  • Legal Professionals.

  • Construction Managers.

  • Engineers.

  • Procurement Specialists.

Program Outline:

Unit 1:

Introduction to FIDIC Contracts:

  • Overview of the FIDIC suite of contracts (Red Book, Yellow Book, Silver Book).

  • Key principles and structure of FIDIC contracts.

  • Differences and similarities between various FIDIC contracts.

  • Importance of FIDIC contracts in international construction projects.

  • Case studies on the application of FIDIC contracts in real-world projects.

Unit 2:

Contract Formation and Interpretation:

  • Formation of FIDIC contracts and essential elements.

  • Interpretation of key FIDIC contract clauses.

  • Role and responsibilities of the Engineer under FIDIC contracts.

  • Contract administration and documentation requirements.

  • Practical exercises on contract interpretation and application.

Unit 3:

Managing Variations under FIDIC Contracts:

  • Identification and management of variations in FIDIC contracts.

  • Procedures for initiating and approving variations.

  • Impact of variations on project cost and schedule.

  • Best practices for documenting and managing variations.

  • Case studies on handling variations in FIDIC contracts.

Unit 4:

Claims and Disputes in FIDIC Contracts:

  • Overview of claims and disputes in FIDIC contracts.

  • Procedures for submitting and assessing claims.

  • Role of the Engineer and Dispute Adjudication Board (DAB) in resolving disputes.

  • Techniques for effective claim preparation and negotiation.

  • Case studies on claims and dispute resolution under FIDIC contracts.

Unit 5:

Risk Management in FIDIC Contracts:

  • Identification and assessment of risks in FIDIC contracts.

  • Risk allocation and management strategies.

  • Role of insurance in risk management.

  • Implementing risk management plans in FIDIC projects.

  • Discussions on risk management scenarios.

Unit 6:

Performance Security and Guarantees:

  • Types of performance security and guarantees in FIDIC contracts.

  • Procedures for calling and releasing performance security.

  • Legal and practical considerations in managing guarantees.

  • Best practices for ensuring compliance with performance security requirements.

  • Case studies on performance security issues in FIDIC contracts.

Unit 7:

Payment and Financial Management:

  • Payment procedures and requirements under FIDIC contracts.

  • Management of advance payments, interim payments, and final payments.

  • Financial control and monitoring in FIDIC projects.

  • Handling delays and disputes related to payments.

  • Practical exercises on payment management and financial control.

Unit 8:

Time Management and Delays:

  • Time-related provisions in FIDIC contracts.

  • Procedures for managing project schedules and delays.

  • Extensions of time and liquidated damages.

  • Techniques for mitigating and resolving delay-related issues.

  • Case studies on time management in FIDIC contracts.

Unit 9:

Contract Closeout and Handover:

  • Procedures for contract closeout and project handover.

  • Documentation and administrative requirements for closeout.

  • Handling defects liability and warranty periods.

  • Best practices for ensuring a smooth project closeout.

  • Discussions on contract closeout challenges and solutions.

Unit 10:

Advanced Dispute Resolution Techniques:

  • Overview of advanced dispute resolution methods in FIDIC contracts.

  • Role of arbitration and alternative dispute resolution (ADR) techniques.

  • Preparing for arbitration proceedings.

  • Techniques for achieving amicable settlements.

  • Case studies on successful dispute resolution in FIDIC projects.

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