CM0186 : FIDIC Contracts Management

This practical and highly-interactive course includes real-life case studies and exercises where participants will be engaged in a series of interactive small groups and class workshops.

This course is designed to provide participants with a detailed and up-to-date overview of FIDIC Contracts Management. It covers the FIDIC and contractual principles, FIDIC versus other contract forms, legal framework and applicable law; the contractual parties and their roles, structure and contents of FIDIC contracts and risk allocation in FIDIC Contracts; the time management and programme requirements, performance and progress monitoring and engineer’s role and responsibilities; and the contractual requirements for notices, validity and format of communications, consequences of late or invalid notices and recordkeeping and traceability.

Further, the course will also discuss the variations, instruction versus agreement of variation, valuation of changes and impact on time and cost; the subcontracting and nominated subcontractors, contractor’s claims under FIDIC and employer’s claims and set-offs; the dispute avoidance and adjudication, arbitration and litigation in FIDIC; the risk management in FIDIC contracts, force majeure and exceptional events; and the payment procedures and applications, advance and retention payments, valuation of works and variations.

During this interactive course, participants will learn the cost claims and prolongation costs, suspension and termination and final accounts and contract closeout; the local laws and regulations and regulatory approvals and permits, international compliance standards and anticorruption clauses; the transparency and integrity, conflicts of interest and anti-bribery provisions stakeholder responsibility; and the FIDIC 1999 versus FIDIC 2017 updates and audit and contract performance review.