: Like the 2017 Red and Yellow Books, it emphasizes dispute avoidance and formal adjudication processes before reaching arbitration. ResearchGate Critical Considerations for Practitioners
| ✅ Good for | ❌ Not suitable for | |-------------|---------------------| | Small civil works | Large infrastructure | | Building maintenance | Complex M&E or process plants | | Routine dredging or road repairs | Design-build (use Yellow Book) | | Projects with a single Contractor | Major subcontracting chains | fidic green book 2017 pdf
The FIDIC Green Book was updated to its Second Edition in December 2021, rather than 2017, introducing a new Prolongation Cost (PGC) mechanism for pre-determined compensation of overheads during contractor delays. This edition introduces an Engineer to administer the contract and adopts a simplified, user-friendly structure for smaller projects. For more details, visit White & Case LLP Short Form Revamp: the 2021 FIDIC Green Book : Like the 2017 Red and Yellow Books,
However, not every project requires a 500-page tome designed for a multi-billion dollar dam or a high-risk turnkey power plant. For smaller, less complex works, FIDIC introduced the , universally known as the FIDIC Green Book . For more details, visit White & Case LLP
The Green Book is FIDIC’s , traditionally intended for projects with a low perceived level of risk, small capital value (often cited under USD 500,000 in the first edition), or short duration (under 6 months). However, the latest version has been significantly expanded to cover projects up to USD 10 million in value. Key Features of the Latest Green Book