: Clarifies the timeline for program submissions and the consequences of "deemed" approvals or rejections.
"The wealth of detail in respect of each of the sub-clauses provides some invaluable information in summary form."
The 2017 editions blew the dust away.
For decades, the FIDIC (International Federation of Consulting Engineers) Suite of Contracts has been the global benchmark for major infrastructure and construction projects. Following the widely used 1999 editions (the Red, Yellow, and Silver Books), FIDIC released its major update in 2017. While the 1999 editions were known for their balance and clarity, the introduced a seismic shift in risk allocation, administration, and dispute resolution.
If a party fails to issue a Notice of Dissatisfaction (NOD) within 28 days of the Engineer's determination, that determination becomes final and conclusively binding on both parties. 6. Local Law Overrides and Jurisdictional Challenges
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