The FIDIC Green Book, officially titled the Short Form of Contract, is designed for projects with low risk or where simple contract administration is preferred.
While the "2017" version is often searched for because other major FIDIC books (Red, Yellow, and Silver) were updated that year, the Green Book’s major update actually arrived in December 2021 as the 2nd Edition. Key Features of the Latest Green Book
The updated edition (2021) positions itself as a viable alternative to the more complex 2017 Red and Yellow Books for a wider range of projects, including those with higher capital values.
Introduction of the "Engineer": Unlike the 1999 edition, the 2021 version introduces an Engineer to administer the contract and make neutral determinations. fidic green book 2017 pdf
Prolongation Cost (PGC) Mechanism: A new feature that uses a pre-determined formula to calculate compensation for delays, aiming to avoid complex expert disputes.
Reciprocal Claims Procedure: The claims and disputes process is now more detailed and follows the structure of the 2017 suite, separating the two into distinct clauses.
Flexible Design Responsibility: It can be used whether the design is provided by the Employer or the Contractor. FIDIC contracts—introduction to the FIDIC Green Book 2021 The FIDIC Green Book , officially titled the
The use of the FIDIC Green Book 2017 offers several benefits:
Standardization: Provides a standardized contract format that can be easily understood by all parties involved.
Fairness: Aims to balance the risks between the employer and the contractor. Interim payments monthly (or as stated in Contract Data)
Clarity: Offers clear guidance on contractual matters, reducing ambiguity.
Efficiency: Can help to minimize disputes and facilitate quicker resolution of any issues that arise.
Once you have the legitimate PDF, follow this 5-step workflow:
For those interested in accessing the full text of the FIDIC Green Book 2017, it is available for purchase directly from the FIDIC website or through various construction and legal bookstores. Potential users can download a preview or purchase the document in PDF format, ensuring easy access for reference.