FIDIC Contract Conditions Design, Procurement and Construction (EPC) / Turnkey Project Contract Conditions (First Edition 1999) Chinese-English Translation

Author: Compiled by the China Engineering Consultancy Association
Publisher:
Publish Date: 2002-05-13
Features: This bilingual edition of the "Design, Procurement and Construction (EPC) / Turnkey Engineering Contract Conditions" is the newly compiled English version developed by the FIDIC (International Federation of Consulting Engineers), organized and finalized by the China Engineering Consultancy Association, a member association of FIDIC in China. The book is not a revision based on FIDIC’s previous contracts but is a completely rewritten and first-published work. It inherits the strengths of FIDIC’s original contract conditions while making significant adjustments based on practical experience accumulated over the years, as well as suggestions and opinions from experts, scholars, and all parties involved. The book includes the general conditions of Design, Procurement, and Construction (EPC) / Turnkey Engineering Contracts, an arbitration agreement for disputes, guidelines for drafting specific conditions, sample guarantee letters, as well as formats for bid forms, contract agreements, and arbitration agreements. The book is recommended for use in providing processing or power equipment, factories or similar facilities, infrastructure projects, or other types of development projects through turnkey delivery. This method (i) ensures a higher degree of certainty in the final price and required duration, and (ii) places the entire design and implementation responsibilities on the contractor with minimal involvement from the employer. Typically, in turnkey projects, the contractor is responsible for all design, procurement, and construction (EPC), delivering a fully equipped facility (the "turning of the key") ready for operation. Target Audience: Engineering consulting firms, departments and organizations engaged in investment, finance, and engineering project management, various project owners, construction supervision enterprises, engineering contracting companies, environmental protection enterprises, accounting/law firms, insurance companies, and relevant universities and individuals.