Wednesday 29 May 2024

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“FIDIC contracts are trusted as they promote the values clients want...

FIDIC’s chief executive explains the significance of the recent agreement signed with the World Bank that will see the international funding organisation adopt the use of nine FIDIC standard construction contracts for a further five years.

World Bank renews agreement to use FIDIC standard contracts for further...

International engineering federation FIDIC has renewed a major agreement with the World Bank that will see the global funding organisation use nine key FIDIC contracts for a further five years. 

FIDIC adds its backing to MDBs’ sustainable procurement pledge

International engineering federation FIDIC has warmly welcomed a new commitment on sustainable procurement from the global multilateral development banks.

Race to design and deliver Canada’s largest infrastructure project comes down...

Three consortia comprising nineteen high profile companies remain in contention for arguably Canada's largest ever infrastructure project - The High Frequency Rail Project.

Traditional procurement and collaboration methods are no longer enough

Traditional procurement and collaboration methods have become outdated and inherently inefficient in today’s world. To survive, industries have no option but to embrace change, writes Schneider Electric's Stacy Van Dolah-Evans. 

World Bank hails new “game changing” approach to promoting value in...

World Bank’s new ‘rated criteria’ approach to procurement receives full backing from international engineering federation FIDIC.

Procurement function to become strategic role as firms look to decarbonise...

New research reveals that chief procurement officers will be the main drivers for improving the sustainability of construction projects.

World Bank to adopt ‘rated criteria’ to promote better value in...

Rated criteria in procurement will help World Bank borrowers get better value for money and further strengthen the bank's commitment to sustainability and fit-for-purpose solutions.

World Bank underpins social and environmental risk with procurement rules

Tesfaalem Gebreiyesus, lead procurement specialist at the World Bank, set out the bank’s approach. 

IDB looks to address dispute board absence in its construction contracts

Roberto Laguado Giraldo, senior procurement specialist at the Inter-American Development Bank, sets out the growing use of international contracts across countries across the Americas, but with a  notable absence of dispute boards.
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