Understanding the FIDIC Red and Yellow Books
Released: 20 November 2018
Practice Areas: Construction & Engineering
We are delighted to announce that the well-known commentary on the FIDIC Red Book, produced by Simon Hughes QC with Jeremy Glover is now out in a 3rd edition, and is a detailed commentary on the 2017 Amendments for both Red Book and Yellow Book, with a preface kindly provided by Sir Vivian Ramsey. Simon has a substantial construction & energy practice, and is well-known for his conduct of large international arbitrations involving all manner of FIDIC forms.
New to this edition:
- Describes how the FIDIC contract terms operate in relation to Civil Law jurisdictions, such as the UAE
- Features an overview chapter dealing with issues such as the contract’s history and purpose, the concept of the engineer, time and money, dispute resolution, and enforcement of arbitral awards
- Covers the 2017 FIDIC Conditions of Contract for Works of Civil Engineering Construction: The Red Book, one of the leading international construction contracts
- Covers also the 2017 FIDIC Conditions of Contract for Electrical and Mechanical Works including Erection on Site: The Yellow Book
- Reproduces each clause in full, explaining the effect and operation of each one, considering latest case law and discussing problems frequently encountered in practice
- Helps the user to interpret contract clauses correctly and decide whether amendments need to be made to suit your situation
- Compares the new contract with previous versions of the FIDIC Red Book and other widely used standard contracts, such as the ICE forms
- Provides guidance on whether amendments or deletions need to be made
- Discusses problems frequently encountered in practice in relation to clauses
- Considers in detail the MDB harmonised version of the Red Book, approved for use by the World Bank, and its variations from the standard version of the Red Book
A copy of the book can be purchased via the Sweet and Maxwell website