After 17 years of application in reality, Red Book, Yellow Book and Silver Book of the First Edition 1999 (Rainbow Suite of Contracts) were revised by FIDIC and introduced at International Contract Users Conference on 5 December 2017.
As an attempt to meet the increasingly requirements of construction contract users, CNC is proud to present a training session aiming at containing some outstanding characteristics of developed contract in general and construction contract in particular, such as enhancing project management tools and mechanism; bolstering the role of the Engineer; balanced risk allocation; clarity, transparency and certainty in expression and interpretation of contract provisions; reflecting international best practice; addressing issues raised by users over the past 17 years arising out of use of the 1999 Suite, and incorporating most recent development in FIDIC Contracts.
Download this article Here.