FIDIC Contract Guide

Author: FIDIC (International Federation of Consulting Engineers)
Publisher:
Publish Date: 2003-06-24
Features: Following the publication of four new bilingual editions of FIDIC Contract Conditions adapted to various types of projects and different contracting methods in 2002, the new bilingual edition of the "FIDIC Contract Guide" has now been released. With this, the complete set of new bilingual Chinese translations of FIDIC contract templates and application guides has been fully published. This is a significant event of concern to people in China's investment and construction sector. It will promote the advancement of project management in China toward international standards and elevate it to a new level.
This "FIDIC Contract Guide" is a bilingual Chinese-English edition prepared in accordance with the latest English version of FIDIC, compiled by experts organized by the China Engineering Consulting Association, the FIDIC member association in China.
This "FIDIC Contract Guide" provides an authoritative interpretation by FIDIC on how to properly use the new "FIDIC Contract Conditions." It describes how to select appropriate contract formats by comparing the characteristics of three main contract conditions. It explains the considerations or rationale behind the drafting of key clauses, provides detailed explanations or clarifications for certain clauses, and offers suggestions on how to handle implementation. It also provides guidance on drafting "Special Conditions," appendices, and attachments, as well as recommendations for preparing bid documents. This will play a significant role in helping Chinese entities effectively utilize FIDIC contract templates and manage project bidding and contract administration.
Against the backdrop of China's further opening-up and its accession to the World Trade Organization, strengthening contract management for construction projects has become one of the urgent tasks in the construction sector. The publication of the "FIDIC Contract Guide" and the Chinese translation of the new FIDIC Contract Conditions will provide important assistance to a wide range of engineering consulting organizations and personnel in China, departments and organizations engaged in investment, finance, and project management, various project owners, construction/monitoring enterprises, engineering contracting enterprises, environmental protection enterprises, accounting/law firms, insurance companies, and relevant universities in learning international experience. It is also a must-read for all professionally registered engineers.