Day 1:
Foundations of FIDIC Contracts
Overview of FIDIC forms and their historical evolution.
Key features and applications of the Red, Yellow, and Silver Books.
Understanding the roles and responsibilities of stakeholders under FIDIC contracts.
Introduction to risk allocation and its significance in international projects.
Day 2:
Contractual Provisions and Clauses
Detailed analysis of general conditions and special provisions.
Time management clauses: delays, extensions, and liquidated damages.
Payment mechanisms and financial obligations under FIDIC contracts.
Quality assurance and performance guarantees.
Day 3:
Updates and Revisions in FIDIC 2017 Editions
Major changes introduced in the 2017 editions of FIDIC forms.
Implications of updated dispute resolution mechanisms.
Sustainability and environmental considerations in modern contracts.
Digitalization and its impact on contract administration.
Day 4:
Practical Applications and Case Studies
Drafting and negotiating FIDIC-based contracts for international projects.
Resolving disputes through FIDIC’s dispute adjudication boards (DABs).
Lessons from real-world case studies involving FIDIC contracts.
Adapting FIDIC forms to local laws and regulations.
Day 5:
Advanced Topics and Strategic Insights
Managing variations and claims under FIDIC contracts.
Strategies for effective contract administration and monitoring.
Cross-border enforcement of FIDIC agreements.
Future trends and innovations in international contract law.