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FIDIC

FIDIC's Logo

As it is mentioned in the title of the Blog I am a civil engineer and working for International Construction Project Management Firm. As a result of this FIDIC is one of my topics that needed to be worked/ studied on.
I created a FIDIC starter guide who wants to learn general information about FIDIC on the Q-A (Questions and Answers) basis.

What is FIDIC?
FIDIC is the acronym for International Federation of Consulting Engineers and as it is exactly written in French; “Fédération Internationale Des Ingénieurs-Conseils”

or about sservices and historical backgound of FIDIC, refer Wikipedia page.

Who are the FIDIC Members?
Its members are national associations of consulting engineers.
Why FIDIC?
All contracts contain risks for Contracting Authorities/ Employers and Contractors – There is no risk-free contract and FIDIC attempts to rationalize and allocate responsibilities for main risks.
A key requirement is for the Contract Parties to fully understand the FIDIC General and Particular Conditions of Contract that set out their Responsibilities and Risks within a Project
Every risk given to the other party has its cost, no Party assumes a risk for free. Read More