Fidic Silver Book Epc Turnkey Contract Free !FULL! Download
Fidic Silver Book Epc Turnkey Contract Free !FULL! Download
Fidic Silver Book Epc Turnkey Contract Free Download
in order to bring some degree of uniformity to contracts for electrical and mechanical works, the format of the “general working drawings” has been changed so that all “standard” contracts for epc turnkey projects, whether the contractor undertakes design work, installation work or repairs, have the same layout of standard “parts” of the contract, and the same points at which the contractor is expected to provide the relevant supplementary clauses. for example, in the typical electrical contract, the contractor is required to “take” the works on the construction site, to install the works, and to check and commission the works. in turnkey contracts for epc turnkey projects, the contractor is only required to “take” the works, and it is for the contractor and their sub-contractors to carry out the design, construction and installation of the works.
in order to bring some degree of uniformity to contracts for civil engineering works, in turnkey contracts for epc turnkey projects, the contractor is required to “take” the works on the construction site, and to construct the works, but it is for the contractor and their sub-contractors to perform all work relating to design, construction, installation and commissioning.
in order to bring some degree of uniformity to the available contracts, and also to provide a basis for updating the contracts if changes are needed, the format of the “general working drawings” has been changed so that all “standard” contracts for turnkey projects, whether the contractor undertakes design work, installation work or repairs, have the same layout of standard “parts” of the contract, and the same points at which the contractor is expected to provide the relevant supplementary clauses. for example, in the typical construction contract, the contractor is required to “take” the works on the construction site, to cut and assemble the materials to form the structure or building, and to install the works.
the fidic clause is required to enable the contractor to tender the turnkey contract on a fixed price basis to all potential employers. the consequence being that employers are able to discriminate between the offer of high priced turnkey projects and low priced agency or lump sum type of epc contracts. this process ultimately results in all the project work being carried out under costed epc contracts, with no alternative to be made available for selected employers.
the basis of the fidic approach to single project contracts, i.e. as proposed to be used in the new epc master contract, was considered and accepted at the instigation of the international federation of consulting engineers (fidic), the international association for contract and project management (iacpm) and the united nations (un), although admittedly not with much enthusiasm and despite the fact that it had already been in place in the united states for quite a while. the fidic approach to the single project had grown out of the need to ensure continuity of a system of claims filing and resolution, a system which had been growing in the engineering industry. the aim being to reduce the need to re-submit claims to the same contractors at different time intervals when they were working on other projects and to attain con-solidation of all such claims with the final claim against the contractor being the umbrella for all such claims and the final settlement of the unresolved claim amount.
based on the fidic approach and concepts, the itbomb of europe proposed in their own turnkey master contract (tmc) the fidic clauses for use in the one project contract. the clauses provided for a 90 day claims notification period, a 90 day period for the contractor to notify all potential claims, a period of four years for completing all the work and, in the event of the contractor being in breach of his obligations, for three months after the date on which the buyer takes over, during which the contractor shall be in breach.
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