NEW FIDIC GOLD BOOK CONTRACT GUIDEpdf

What is the FIDIC Gold Book Contract Guide?

The FIDIC Gold Book Contract Guide is a publication by the International Federation of Consulting Engineers (FIDIC) that provides guidance on the use of the FIDIC Conditions of Contract for Design, Build and Operate Projects (DBO Contract), also known as the Gold Book. The Gold Book is a form of contract that covers the design, construction and operation of a project by a single contractor or a consortium of contractors. The Gold Book is suitable for projects that require a high level of integration and coordination between the design, construction and operation phases, such as water and wastewater treatment plants, power plants, airports, railways and roads. The Gold Book was first published in 2008 and revised in 2019 to align with the other FIDIC contracts.

What are the main features and benefits of the Gold Book?

The Gold Book has several features and benefits that make it attractive for complex and long-term projects, such as:

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It allocates the risks and responsibilities between the employer and the contractor in a balanced and fair manner, taking into account the nature and duration of the project.

It provides a clear and comprehensive framework for the design, construction and operation of the project, including quality assurance, testing, commissioning, handover, defects liability, performance guarantees, operation and maintenance.

It encourages innovation and efficiency by allowing the contractor to propose alternative designs and solutions that meet or exceed the employer's requirements.

It facilitates cooperation and communication between the parties by establishing a joint management committee, a dispute avoidance board and a dispute adjudication board.

It promotes sustainability and environmental protection by requiring the contractor to comply with applicable laws and standards, to implement an environmental management system and to minimize waste, emissions and energy consumption.

How to use the FIDIC Gold Book Contract Guide?

The FIDIC Gold Book Contract Guide is divided into three parts:

Part A provides an overview of the main features and characteristics of the Gold Book.

Part B provides detailed commentary on each clause of the contract, explaining its purpose, scope and implications.

Part C provides appendices with sample forms, letters, schedules and other useful documents.

The FIDIC Gold Book Contract Guide is intended to assist the parties in understanding and applying the Gold Book. However, it is not a substitute for legal advice or professional judgment. The parties should always consult their own advisers before entering into or performing any contract based on the Gold Book.

References

: [FIDIC FIDIC Contracts Guide (2nd Edition 2022) ELECTRONIC and HARD COPY International Federation of Consulting Engineers]

: [FIDIC FIDIC launches construction contract reprints and publishes new contracts guide International Federation of Consulting Engineers]

: [lassbargnani/new-fidic-gold-book-contract-guidepdf - Docker]

: [NEW FIDIC GOLD BOOK CONTRACT GUIDE.pdf - SoundCloud]

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