Introduction of FIDIC Contracts.ppt

To Prepare the MODEL of Short Form Contract Many small scale and large scale projects can use simple techniques such as in residential areas, also need a contract. So we shall compile a short form of contract in reference to FIDIC “Green Book”. It is necessary to be fairly flexible in the mode and requirements of management. To Improve the Mediation Methods for Dispute The new edition takes the experience of USA and World Bank in solving the construction dispute, which results in DAB to mediate the dispute. The most outstanding merit of DAB is that it is composed of three experts who are chosen, approved and paid for by both parties. These experts go to site to solve the dispute occurring between the two parties after commencing construction work. While in the FIDIC “Red Book”, the Engineer is required to mediate the problem which he can not handle. It is hard to be impartial because the Engineer is the Employer’s employee, so very often the contradiction will still be unsolved after a long time. New development of FIDIC conditions of contract －－Design-Build Operate Contract It was published on September 2007, Gold Book New DBO document for long-term contract Background  The DBO approach to contracting combines design, construction, and long-term operation (and maintenance) of a facility into one single contract awarded to a single contractor (who will usually be a joint venture or consortium representing all the disciplines and skills called for in a DBO arrangement. Public private partnerships, PPPs, are this arrangement). DBO’s advantages Time: With possibilities to overlap some design and build activities it will be possible to minimize delays and optimize the smooth flow of construction activities. Financial: With cost restraints and commitments and other risks being carried by the Contractor, there is less risk of price over-runs. Quality: With the Contractor responsible for 20 years operation, he has an interest to design and build quality plant with