Second edition published in 2017 as update of 1999 Red Book. Contains General Conditions and Particular Conditions sections. Published for building and engineering works designed by employer. Not for contract use or printing, original for sale at FIDIC
Second edition published by FIDIC as update of 1999 Red Book. Widely used for nearly two decades in construction projects. Provides balanced risk sharing between Employer and Contractor
A subcontractor undertakes to perform part or all of another's contract obligations. General contractors hire subcontractors to reduce costs and mitigate risks. EU recognizes need for subcontracting in public procurement rules
FIDIC's Red Book is the flagship of international construction contracts. Contract divided into general conditions and particular conditions. Particular conditions must be drafted before contract entry. Contract based on English law and published in English
Clause 12 "Measurement and Evaluation" forms cornerstone of FIDIC Red Book conditions. Contract Price is determined under Sub-Clause 12.3 and includes adjustments. Evaluation requires both quantity measured and appropriate rate/price
FIDIC is a global organization producing standard construction contracts. Contracts provide framework for managing construction projects worldwide. FIDIC contracts are fair and balanced for all parties