Understanding the FIDIC Red Book: A Clause by Clause Commentary 3rd ed

This practical text provides clause-by-clause commentary on the FIDIC Red Book, the widely used international construction contract. Reproducing each clause in full, it explains the effect and operation of each clause, considering case law and discussing problems frequently encountered in practice.

• Enables users of the contract to interpret the clauses correctly and decide whether amendments need to be made to suit their situation
• Discusses problems frequently encountered in practice in relation to the clauses
• Considers the latest case law on each clause
• Compares the contract with previous versions of the FIDIC Red Book and other widely used standard contracts, such as the ICE forms
• Contains a chapter on claims, disputes and arbitration
• Features an overview chapter dealing with thematic issues such as the contract's history and purpose, the concept of the engineer, time and money, dispute resolution, and enforcement of arbitral awards
• Considers in detail the MDB harmonised version of the Red Book, approved for use by the World Bank, and its variations from the standard version of the Red Book