SEMINAR PROGRAMME

08.00 – 8.30 Registration
08.30 Seminar starts

08.30 – 11.00 Overview of FIDIC and the FIDIC construction contracts • Outline of FIDIC and the FIDIC contracts. • The main current construction forms: Red, Yellow and Silver Books; the Gold Book and MDB harmonised edition • FIDIC: latest developments

11.00 – 11.30 Refreshments

11.30 – 13.00 The FIDIC Red, Yellow and Silver Books • FIDIC’s Red and Yellow Books: key features • The FIDIC Silver Book: the EPC / Turnkey model: why the Silver Book? The Risk of Delay • Commencement; the contract programme; delays and extensions of time in the Red, Yellow and Silver Books • Delay damages – right to levy - liquidated damages and penalties

13.00 – 13.45 LUNCH

13.45 – 14.30 Variations and Adjustments to the Contract Price • What is a variation? • The right to vary; variation procedure • Value engineering; provisional sums • Adjustments for change in legislation, changes in cost The Claims process • Employer’s claims in the Red, Yellow and Silver Books • Contrast with Contractor’s claims ; procedure for claims • the Sub-Clause 20.1 time bar; practical points to note; importance of contemporary records; notices of claim; identifying claim events and circumstances.

14.30 – 15.00 Refreshments

15.00 – 16.30 Dispute Resolution in the FIDIC contracts through DAB and arbitration • the DAB process: what is a DAB and how does it work? • What happens if the dispute is not finally resolved after a DAB ? • Amicable settlement • Arbitration: what is arbitration and how is an arbitration conducted? • How can the successful party enforce an arbitration award? • Practical points about managing a dispute and reducing the risk of lengthy and expensive proceedings. • Concluding discussion and presentation of certificates