Event
FIDIC Matrix Design-Build Contracts course, Athens 29-30 May 2013
This 2-day intensive course will provide a thorough, up-to-date understanding of the main FIDIC contractor-design construction forms of contract. The provisions of the Plant and Design-Build (Yellow Book) and EPC/Turnkey (Silver Book) contracts will be considered in detail and compared and contrasted.
Which form should I use as the basis for my design-build project? What are the risks involved for the contractor and the employer? How can I better manage these risks and use and operate the contract more effectively and with better results than before?
The course begins by introducing FIDIC and the FIDIC suite of contracts, including latest developments. We put the design-build forms in context, looking at the basic differences in risk allocation between the EPC/turnkey model of the Silver Book and the more traditional Yellow Book.
We follow with a detailed consideration of the individual clauses of the two Books, comparing and contrasting them with respect to such key issues as contractor responsibility for design, fitness for purpose, errors in Employer’s Requirements, and unforeseeable physical conditions. We also consider the role of the Engineer in the Yellow Book and practical points about the administration of the two contracts as well as issues arising from multiple contracting and front-end engineering design.
Other topics to be covered include practical points about drafting particular conditions and the need to co-ordinate them with the general conditions; progress and programme - importance and requirements; delays and extensions of time; delay damages – penalties and liquidated damages; performance securities; plant, materials and workmanship; tests on and after completion; taking over; defects liability; the contract price; variations, adjustments and payment; termination and suspension; allocation of specific risks; insurance obligations; force majeure - meaning and effect of force majeure events; contractor’s and employer’s claims including the sub- clause 20.1 time bar.
We also consider how the contracts provide for resolving disputes: the DAB process, amicable settlement and arbitration, including the different arbitration institutions and how arbitration awards might be enforced. Throughout the two days there will be ample opportunity to discuss and debate the material covered, aided by case studies, and active participation will be encouraged.
The course is co-organized by Matrix Seminars of London and Sfikakis & Associates Law firm of Athens, under the auspices of HELLASCO (ΣΕΓΜ – Σύνδεσμος Ελληνικών Γραφείων Μελετών).
For more information, please contact
Sfikakis @ Associates Law Firm
Tel. +302103630880
Fax. +302103609808
[email protected]
Ms Artemis Tziafa or Ms Soula Papageorgiou
09.00 to 19.00 hrs on business day