THE INTERNATIONAL APPLICATION OF FIDIC CONTRACTS-A PRACTICAL GUIDE

摘要

The International Application of FIDIC Contracts -A Practical Guide (1st ed), edited by Dr Donald Charrett, Informa Law from Routledge, 2020, lxxxiv + 441 pages: ISBN 9780367142971.The construction and infrastructure industry confront risk every day. The management of risk is one of the key skills deployed by the industry. Standard form contracts, whether in their "as published" form or "as amended", are one of the ways in which the risk faced by the industry can be reduced and mitigated. The familiarity and predictability which flows from the use of a standard form contract can reduce cost and risk.The FIDIC suite of contracts is perhaps the best known and most widely used suite of standard form contracts on the international stage. The suite is used in many countries, irrespective of the domestic legal system, and by many industries. The way in which the contracts deal with particular risk allocation issues or administration issues often becomes a de facto standard for many other contracts and is often a reference point in the negotiation of contracts. The suite has been an important contributor to the internationalisation of construction law.