What Are the Main FIDIC General Administrative Conditions of Contract Clauses Frequently Applied in Practice?
Currently located at the World Trade Centre in Geneva, Switzerland.
It has become the tradition that FIDIC contracts are known in popular parlance by the colour of their cover. This first contract by FIDIC was undertaken jointly with the International federation of Building and Public works. FIDIC’s concerted effort at achieving broad consultation and acceptance of its contract forms has seen subsequent editions of its contracts being ratified by the International Federation of Asian and Western Pacific Contractors Association, Associated General Contractors of America and the Inter-American Federation of the Construction Industry, Multilateral Development Banks among others. Because of the broad support it enjoys, FIDIC contracts are the foremost contracts in international construction.
The chairman undertakes an important role within the procedure which may determine the success or failure of the process. He must retain the confidence and respect of the parties and his fellow board members and must ensure that the administration of the DAB runs smoothly and the ethics of the board remain unchallengeable.