Working under the FIDIC “Rainbow” Suite of Contracts

Seminar overview

FIDIC is the leading standard form of construction contract in use on international projects, as well as being the favoured form of major development banks such as the World Bank and European Bank for Reconstruction and Development. Understanding the philosophy, structure and risk allocation in these contracts is essential for anyone working with this form.
This seminar, delivered by Pinsent Masons LLP – Associate members of FIDIC and official FIDIC advisors to the European International Contractors Association – will provide an introduction to the FIDIC “Rainbow” Suite of Contracts and explain some of the key practical, legal and contractual issues arising under this form. The seminar will also include a detailed review of the key concepts of “Time” and “Money” before concluding with a practical review of the claims and dispute resolution procedures under FIDIC.
Delivered from a practical legal perspective, this seminar will highlight international best practice in using this form of contract and include an interactive workshop session based on real life examples.
As FIDIC prepares to issue new editions of its Red, Yellow and Silver books, this seminar will also look at the changes which may be made to these contracts.

Who Should Attend

Because of the prevalence of the FIDIC form of contract (including contracts based on the FIDIC form), this seminar will be ideally suited to anyone involved in construction and engineering projects, both within Macedonia and internationally.
The session will be of particular interest to contractors, engineers, employers’ representatives and any other parties involved in construction and engineering projects.
As well as being of interest to those who already work and are familiar with the FIDIC form of contract, this seminar will also provide a useful introduction to those new to this form of contract.

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