Webinar to highlight the benefits of an easy-to-use construction contract for use on lower-risk projects.
International engineering federation FIDIC has teamed up with the Confederation of International Contractors’ Associations (CICA) to organise a webinar on the FIDIC Green Book 2021 Edition.
This is the second webinar in FIDIC’s 2025 series of events in collaboration with contractors’ federation CICA and construction professionals from around the globe are expected to attend the event on 19 June 2025 to look at the popular 2nd Edition of the FIDIC Short Form of Contract (Green Book), which meets industry demands for a contract for projects where the perceived level of risk is low or where construction parties need a contract form that is simple and easy to use.
The Green Book 2nd Edition continues FIDIC’s key principles of balanced risk sharing while seeking to build on the substantial experience gained from the original Green Book’s use over the past 22 years. The updated contract captures the essential rights and obligations of the parties and is used as an alternative to the 2017 Red and Yellow Books, resulting in FIDIC providing for a fully-fledged range of contract solutions to meet different project specificities.
The Green Book 2nd Edition includes provisions for employer’s or contractor’s design of the works, appointment of an engineer to administer the contract, wide range of valuation methods, simplified contract machinery, two distinct contractual routes to handle claims and variations, tabulated insurance requirements, use of liquidated damages provisions for delay, omission of work and termination events for a faster and easier management of damages flowing from such events, early appointment of an adjudicator who can provide dispute avoidance services on top of her/his regular dispute resolution services, to name a few.
The updated Green Book also includes some new features such as the prolongation cost (PGC) mechanism, a tabulated summary of contractor’s entitlement for employer’s risks, the use of an insurance certificate to be signed by an insurer or broker, user-friendly flow charts and 40 communication forms provided as guidance for practitioners. The webinar will discuss some of the new features of the updated Green Book from its previous iteration and its potential application in the market.
Speakers, who include experts who were involved in the development of the Green Book and those who use it, will outline some of the features of the updated contract. The panellists at the webinar, which will be moderated by CICA director general Fanny Dastugue and FIDIC chief legal and contracts officer Daduna Kokhreidze, include Richard Touroude, director of international affairs at the French National Federation of Public Works, Mahmoud Abu Hussein, senior manager for procurement and contracts at Dolphin Energy, adjudication expert Robert Werth and Pieter Mattelear, group leader – project portfolio management at CERN.
FIDIC’s chief legal and contracts officer Daduna Kokhreidze said: “From the feedback that FIDIC has been receiving since the launch of the second edition of the Green Book, there is clearly a lot of appetite in the industry to use this updated contract which is increasingly being seen as very useful when there is a need for a construction contract form that is user-friendly, simple, straightforward and easy to use.”
CICA-FIDIC 2025 webinar series – FIDIC Green Book 2021
Thursday 19 June 2025, 2pm-3.30pm CET
Click on the link below to book a free place.
