The introduction of the 2017 2nd Edition of the FIDIC Rainbow Suite of Contracts is a very significant event in the development of Contracts for use in the international construction arena. The new Contracts are substantially larger (approx. 70% more text) & complex than the 1999 Contracts & so require careful assessment prior to consideration of their use. To enable professionals to evaluate the differences in the Contracts, ECV has created this comprehensive 2 day course of comparison of the Construction (Red Book) & Plant & Design-Build (yellow Book) Contracts.
The text of the Red & Yellow 2017 Contracts is 95% the same but over 50% different from the 1999 Contracts so although presented in the same format as the 1999 Contracts they may be considered as new Contracts.

The course is presented in 8 sessions & includes details of the changes in principle as well as in presentation. The key changes in each of the 21 main Clauses (1999 Contract has 20 Clauses) are identified & flow charts are given where appropriate on the new procedures required. In addition, special attention is given to:

• New requirements for the Parties in making claims & the much expanded requirements of the Engineer in seeking agreements or making determinations.
• Requirement for a Dispute Avoidance/Adjudication Board (DAAB) as a full time Board