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Questions and Answers
In FIDIC's 2017 contract updates, what is the default percentage for Contractor's profit if not stated in the Contract Data?
In FIDIC's 2017 contract updates, what is the default percentage for Contractor's profit if not stated in the Contract Data?
What is the abbreviation used for 'Interim Payment Certificate' in FIDIC's 2017 contract updates?
What is the abbreviation used for 'Interim Payment Certificate' in FIDIC's 2017 contract updates?
Under FIDIC's 2017 contract updates, what is the new term added to replace 'plus reasonable profit' used in the 1999 FIDIC contracts?
Under FIDIC's 2017 contract updates, what is the new term added to replace 'plus reasonable profit' used in the 1999 FIDIC contracts?
In FIDIC's 2017 contract updates, what are the two parts that 'Particular Conditions' is defined as?
In FIDIC's 2017 contract updates, what are the two parts that 'Particular Conditions' is defined as?
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What has been added to Clause 15 of the FIDIC 2017 Contract?
What has been added to Clause 15 of the FIDIC 2017 Contract?
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Which clause now solely concerns claims under the FIDIC 2017 Contract?
Which clause now solely concerns claims under the FIDIC 2017 Contract?
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What does Sub-Clause 20.1 of the FIDIC 2017 Contract describe?
What does Sub-Clause 20.1 of the FIDIC 2017 Contract describe?
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What has Clause 18 of the FIDIC 2017 Contract been amended to align with?
What has Clause 18 of the FIDIC 2017 Contract been amended to align with?
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Which Sub-Clauses have been added to detail the situation where the Employer terminates the Contract for convenience in the FIDIC 2017 Contract?
Which Sub-Clauses have been added to detail the situation where the Employer terminates the Contract for convenience in the FIDIC 2017 Contract?
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What has been retained in the FIDIC 2017 Contract, which has been a subject of much discussion and debate?
What has been retained in the FIDIC 2017 Contract, which has been a subject of much discussion and debate?
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What is covered under Clause 17 of the FIDIC 2017 Contract?
What is covered under Clause 17 of the FIDIC 2017 Contract?
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What does Sub-Clause 20.2 of the FIDIC 2017 Contract prescribe?
What does Sub-Clause 20.2 of the FIDIC 2017 Contract prescribe?
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What has been added to Clause 16 of the FIDIC 2017 Contract?
What has been added to Clause 16 of the FIDIC 2017 Contract?
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What is now solely covered under Clause 19 of the FIDIC 2017 Contract?
What is now solely covered under Clause 19 of the FIDIC 2017 Contract?
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What has been restructured and re-ordered under Clause 17 of the FIDIC 2017 Contract?
What has been restructured and re-ordered under Clause 17 of the FIDIC 2017 Contract?
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What has been added to the FIDIC 2017 Contract to clarify the steps before termination by the Employer?
What has been added to the FIDIC 2017 Contract to clarify the steps before termination by the Employer?
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What does Sub-Clause 12.3 of the FIDIC Red Book 2017 require if the Contractor and Engineer cannot agree on the valuation of works?
What does Sub-Clause 12.3 of the FIDIC Red Book 2017 require if the Contractor and Engineer cannot agree on the valuation of works?
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Under Sub-Clause 13.1 of the FIDIC Red Book 2017, what is allowed for variations and qualifications for instructions of omissions?
Under Sub-Clause 13.1 of the FIDIC Red Book 2017, what is allowed for variations and qualifications for instructions of omissions?
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What does Sub-Clause 13.3.1 of the FIDIC Red Book 2017 allow the Contractor to recover if they agree to omissions?
What does Sub-Clause 13.3.1 of the FIDIC Red Book 2017 allow the Contractor to recover if they agree to omissions?
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What does Sub-Clause 13.2 of the FIDIC Red Book 2017 allow for sharing in relation to a Contractor's value engineering proposal?
What does Sub-Clause 13.2 of the FIDIC Red Book 2017 allow for sharing in relation to a Contractor's value engineering proposal?
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What is restructured into two parts under the FIDIC Red Book 2017 in Sub-Clause 13.3?
What is restructured into two parts under the FIDIC Red Book 2017 in Sub-Clause 13.3?
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What does Sub-Clause 13.6 of the FIDIC Red Book 2017 add entitlement for the Contractor and reciprocity for the Employer in the event of?
What does Sub-Clause 13.6 of the FIDIC Red Book 2017 add entitlement for the Contractor and reciprocity for the Employer in the event of?
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What does Sub-Clause 14.2 of the FIDIC Red Book 2017 provide a clear step-by-step format for?
What does Sub-Clause 14.2 of the FIDIC Red Book 2017 provide a clear step-by-step format for?
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What does Sub-Clause 14.7 of the FIDIC Red Book 2017 allow flexibility to agree on?
What does Sub-Clause 14.7 of the FIDIC Red Book 2017 allow flexibility to agree on?
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What does Sub-Clause 13.8 of the FIDIC Red Book 2017 replace the complex formula with a reference to?
What does Sub-Clause 13.8 of the FIDIC Red Book 2017 replace the complex formula with a reference to?
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What is added under Sub-Clause 13.1 of the FIDIC Red Book 2017 to provide new grounds for the Contractor's right to object to an instructed Variation?
What is added under Sub-Clause 13.1 of the FIDIC Red Book 2017 to provide new grounds for the Contractor's right to object to an instructed Variation?
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What is restructured under Sub-Clause 14.6 of the FIDIC Red Book 2017, providing a clear step-by-step format?
What is restructured under Sub-Clause 14.6 of the FIDIC Red Book 2017, providing a clear step-by-step format?
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What is the default time period stated in the FIDIC Red Book 2017 in the event of none in the Contract Data regarding the timing of payments?
What is the default time period stated in the FIDIC Red Book 2017 in the event of none in the Contract Data regarding the timing of payments?
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What is the key change related to the Employer's responsibility in the FIDIC Red Book 2017?
What is the key change related to the Employer's responsibility in the FIDIC Red Book 2017?
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What does Sub-Clause 3.1 of the Red Book 2017 specify about 'the Engineer'?
What does Sub-Clause 3.1 of the Red Book 2017 specify about 'the Engineer'?
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What do Sub-Clauses 3.4 & 3.5 address in the Red Book 2017?
What do Sub-Clauses 3.4 & 3.5 address in the Red Book 2017?
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What is outlined in Sub-Clause 3.7 of the Red Book 2017?
What is outlined in Sub-Clause 3.7 of the Red Book 2017?
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What aspects do the provisions for agreement/determination under Sub-Clause 3.7 apply to in the Red Book 2017?
What aspects do the provisions for agreement/determination under Sub-Clause 3.7 apply to in the Red Book 2017?
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What does Sub-Clause 4.2 introduce in the Red Book 2017?
What does Sub-Clause 4.2 introduce in the Red Book 2017?
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What is restructured and detailed in a step-by-step format under Sub-Clause 4.12 of the Red Book 2017?
What is restructured and detailed in a step-by-step format under Sub-Clause 4.12 of the Red Book 2017?
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What is Clause 5 in the Red Book 2017 dedicated to?
What is Clause 5 in the Red Book 2017 dedicated to?
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What does Sub-Clause 4.4 of the Red Book 2017 address?
What does Sub-Clause 4.4 of the Red Book 2017 address?
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What change in the FIDIC Red Book 2017 requires the Employer to describe financial arrangements?
What change in the FIDIC Red Book 2017 requires the Employer to describe financial arrangements?
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Which Sub-Clause in the Red Book 2017 addresses the situation where an element of the Works is to be designed by the Contractor?
Which Sub-Clause in the Red Book 2017 addresses the situation where an element of the Works is to be designed by the Contractor?
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Which Sub-Clause outlines a step-by-step procedure with time limits for the Engineer's role in dealing with the Parties' claims and other contract matters?
Which Sub-Clause outlines a step-by-step procedure with time limits for the Engineer's role in dealing with the Parties' claims and other contract matters?
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Which clause in the Red Book 2017 is dedicated to subcontracting?
Which clause in the Red Book 2017 is dedicated to subcontracting?
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What does Sub-Clause 4.12 in the Red Book 2017 address?
What does Sub-Clause 4.12 in the Red Book 2017 address?
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Which Sub-Clause specifies that 'the Engineer' appointed is a legal entity and an engineering professional?
Which Sub-Clause specifies that 'the Engineer' appointed is a legal entity and an engineering professional?
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What is addressed in Sub-Clauses 3.4 & 3.5 of the Red Book 2017?
What is addressed in Sub-Clauses 3.4 & 3.5 of the Red Book 2017?
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What does Sub-Clause 4.2 introduce in the Red Book 2017?
What does Sub-Clause 4.2 introduce in the Red Book 2017?
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What is covered under the provisions for agreement/determination in Sub-Clause 3.7?
What is covered under the provisions for agreement/determination in Sub-Clause 3.7?
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What is the key change in Sub-Clause 4.12 of the Red Book 2017?
What is the key change in Sub-Clause 4.12 of the Red Book 2017?
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What does Sub-Clause 3.7 emphasize about the Engineer's role?
What does Sub-Clause 3.7 emphasize about the Engineer's role?
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Study Notes
FIDIC Red Book 2017: Key Changes and Updates
- In FIDIC's 2017 contract updates, the Employer is now required to describe financial arrangements in the Contract Data, notify the Contractor of material changes, and provide proof of financial arrangements for payment of Variations above specified thresholds.
- Sub-Clause 3.1 of the Red Book 2017 specifies that 'the Engineer' appointed is a legal entity and an engineering professional, reflecting the global voice of the Consulting Engineering industry.
- Sub-Clauses 3.4 & 3.5 address difficulties in determining if an instruction constitutes a Variation, allowing the Contractor to give Notice and the Engineer to confirm, reverse, or vary the instruction within a stated time period.
- Sub-Clause 3.7 in the Red Book 2017 outlines a step-by-step procedure with time limits for the Engineer's role in dealing with the Parties' claims and other contract matters, emphasizing the Engineer's neutral role and authority under Sub-Clause 3.7 without requiring the Employer's consent.
- The provisions for agreement/determination under Sub-Clause 3.7 now apply to various aspects including measurement of the Works, new rate/price, Variations, extension of time, adjustments of the Contract Price/Schedule of Payments, Daywork, progress affecting payment, and more.
- Sub-Clause 4.2 introduces a restructured Performance Security provision, allowing for an increase or decrease of the security amount based on Variations and stipulating the treatment of amounts received from the Performance Security.
- In the Red Book 2017, Sub-Clause 4.12 [Unforeseeable Physical Conditions] has been restructured and detailed in a step-by-step format to clarify the expectations and actions of the Contractor and the Engineer in case of unforeseeable conditions.
- Clause 5 in the Red Book 2017 is dedicated to subcontracting, covering ordinary and nominated subcontractors, with provisions from Sub-Clause 4.4 and 4.5 in the Red Book 1999 moved to Clause 5.
- Sub-Clause 4.4 of the Red Book 2017 addresses the situation where an element of the Works is to be designed by the Contractor, outlining provisions for submission, review, and as-built records or operation and maintenance manuals.
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Description
Learn about the significant changes and updates introduced in the FIDIC Red Book 2017 contract, including provisions related to the Employer's financial arrangements, the Engineer's role and responsibilities, variations, performance security, subcontracting, and design by the Contractor. Gain insights into the restructuring and detailed procedures outlined in the updated clauses.