Differences between the various FIDIC contract books,
1. Red Book (Conditions of Contract for Construction):
– Used for construction projects where the employer carries out the design.
– Places more responsibility on the contractor for executing the works according to the employer’s design.
– Typically includes provisions for measurement and valuation of the works, variations, and claims.
2. Yellow Book (Conditions of Contract for Plant and Design-Build):
– Used for projects where the contractor designs and builds the works, often involving plant and machinery.
– Provides for more contractor involvement in the design process compared to the Red Book.
– Includes provisions related to the design, procurement, installation, and testing of plant and equipment.
3. Silver Book (Conditions of Contract for EPC/Turnkey Projects):
– Used for projects where the contractor is responsible for engineering, procurement, and construction (EPC).
– Places greater responsibility and risk on the contractor for delivering a completed project meeting specified performance criteria.
– Typically includes provisions related to design responsibility, performance testing, and completion criteria.
4. Green Book (Short Form of Contract):
– A simpler and shorter form of contract suitable for smaller projects or projects with straightforward requirements.
– Provides for a streamlined approach to contract administration and management.
– Suitable for projects with lower complexity and risk compared to other FIDIC contracts.
5. Gold Book (Design, Build, and Operate Projects):
– Used for projects where the contractor not only designs and builds but also operates the facility for a period.
– Includes provisions related to operation and maintenance obligations of the contractor during the operational phase.
– Addresses issues such as performance standards, availability requirements, and payment mechanisms during the operational phase.
6. Blue Book (Client/Consultant Model Services Agreement):
– Used for agreements between a client and a consultant for engineering and architectural services.
– Covers the scope of services, fees, intellectual property rights, and other terms relevant to consultancy engagements.
– Provides a framework for defining the roles, responsibilities, and obligations of the client and consultant.