FIDIC Conditions of Contract

by Innovation Experts Real Estate Institute

A Practical Guide to Understanding and Using the FIDIC Conditions of Contract-1999/ 2017 and Construction Contract Management

AED 3400

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img Duration

18 Hours

Course Details

A Practical Guide to Understanding and Using the FIDIC Conditions of Contract-1999/ 2017 and Construction Contract Management

Major Benefits of Attending

By end of this course, delegates will be able to -

  • Gain practical insight how to deal with FIDIC Contracts

  • Understand Claims notification process

  • Understand Common and Civil Law interpretation

  • Understand how to reduce and take proactive steps in reducing claims right from the SOW stage

  • Gain insight in to Most Frequent Clauses that give rise to claims in Construction Contract

  • Learn Dispute Resolution Process under FIDIC

  • Understand how to deal with and focus on impacts and risks in Variation Clause

  • Understand in details entitlement to EOT and concept of Time At Large.

  • Understand Delay Claims

  • Learn contractual correspondence when dealing with claims.

  • Understand the pitfalls in preparing Scope of Work (SOW)

  • Understand methods involved in measuring Contractor Performance.

  • International Best Practices

 

Why you should attend?

The trainer will deploy a full range of lively and interactive training methods, including exercises, case studies, practice sessions and group discussions. This program is designed to help you enhance your knowledge of your key duties, responsibilities and potential liabilities in the area of construction contracts.

You will have the opportunity to examine a number of critical legal areas that are relevant to your organisation, cases laws will be discussed with the participants for better understanding on the subject.

 

Course Overview

FIDIC forms of contracts are the most widely used contract internationally and more than 94 countries are members of FIDIC.

How to use FIDIC contracts and knowing the FIDIC suit of contracts will help you sharpen your skills and make you a much sought-after manager in your niche (or chosen industry).

The workshop will deepen your knowledge, hone your skills and widen your expertise on FIDIC form of Contracts. The workshop will change the way you read contract/tender documents, empowering you with the knowledge and necessary skill required to be more effective in your work.  The workshop will also focus on key issues in Construction Contracts

The three-day practical workshop will help delegates enhance their skill on the subject, resulting in a positive impact on the bottom line of the company. The workshop is a perfect opportunity to update your knowledge on Construction Contracts.

 

Who should attend

Contract Heads, Directors, Managers, Engineers, Finance Managers, Development Engineers, Bidding Managers, Tendering Managers, Cost Control Managers, Claims Managers, Process Engineers, Structural Engineers, Technical Managers, Cost Engineers, Cost Estimation Engineers, Scheduling & Planning Managers, Product Development Engineers, Quality & Process Improvement Managers, Procurement Manager.

 

 

Program Outline: Day 1

Overview of FIDIC Contracts

  • How FIDIC contracts are used worldwide

  • FIDIC (What and Why?)

  • FIDIC Publications

  • International Institutes using FIDIC

  • Composition of FIDIC Contracts

  • FIDIC Conditions of Contracts for Works Contracts

  • FIDIC Contracts Comparison Matrix

  • FIDIC Sub-Contracts

Clauses that deal with allocation of Contractual Risks – its position in FIDIC

  • Limitation of Liability (LOL)

  • Liquidated Damages

  • Consequential Loss

  • Third Party Liability

  • Indemnity

  • Force Majeure

  • Insurance

Day-2

Understanding  Commercial Terms like:-

  • Letter of Tender

  • Letter of Acceptance

  • Letter of Award

  • Letter of Intent (LOI)

  • Contract Data

  • Tender Guarantee

  • Performance Guarantee (PG)

  • Advance Bank Guarantee (ABG)

  • Retention Bank Guarantee (RBG)

  • Parent Company Guarantee (PCG) 

Role of Engineer

  • Parties to contract

  • Role of Engineer in claim management and dispute resolution

  • How Employers and Contractors understand the role of Engineer

  • The impact/ effect of limiting the Engineers authority

 Dealing with Claims under FIDIC

  • Claims Procedure under FIDIC

  • Claims – Civil and Common law

  • Understanding what is counter claim

  • Types of Claim

  • Suggestions on How to avoid and deal with Claims

Day-3

The Most frequent clauses which give rise to Claims

  • Unforeseeable physical conditions

  • Right of Access to the Site

  • Delayed Drawings or Instructions.

  • Adjustment for changes in legislation

  • Commencement of the Works

Dispute Resolution in FIDIC Contracts

  • Amicable settlement

  • Arbitration under the ICC Rules

  • Key points to successful arbitration

Key Issues in Construction Contract Management

  • Variations/Change order

  • Scope of Work/Statement of Work

  • Measuring Contractor Performance

  • Dealing with Defects (Types of Defects)

  • Extension of Time (EOT)/ Time is the essence/ Time at large

  • Programme and Records

  • BOQ

  • Design Error

  • Termination

  • Cost for Claims preparation

Licensed and approved by KHDA (Knowledge & Human Development Authority – Dubai). Accredited by AHQSE and IAO. Our international partners are  CAI, FIABCI, NAR.

Innovation Experts Real Estate Institute is a private venture that is envisioned to constitute the gateway of real estate professionals of all horizons to the most relevant, accurate and up-to-date real estate knowledge.

Whether it is about world’s best practices, or latest market insights, or innovative techniques and tools, our team of experts is fully dedicated to help you upskill your capabilities and deepen your knowledge of the market.

While we operate in full-concordance with the guidelines of RERA – DLD, we have strong ties with leading international associations, colleges and institutes that pertain to the real estate industry, these include, but not restricted to, the National Realtors Association®, CIPS®, CRB®, ISPIM® etc.

Our courses are duly accredited by the relevant entities locally and internationally, for instance our certification courses are conducted with the backing of RERA – DLD and we proud to be amongst the very selective list of real estate training institutes that are officially selected for this critical role of spreading real estate knowledge to real estate professionals who are intending to operate / already operating in Dubai.

At the very core of the brand DNA of Innovation Experts Real Estate Institute lies the innovative and expertise traits.

This stems from the fact that the founders of the institute cumulate decades of experience in the field of real estate education and training and also from our uniquely specialized core team of faculty who are well versed into the particularities of the real estate industry with all its facets in Dubai and beyond.

In conceptualizing this website, we have strived to design a clear, concise and pleasant user experience that ensures a seamless and transparent process while in the same time portraying our relentless efforts to bring forward a consistent and relevant curriculum with courses covering all the aspects of the real estate profession from development to brokerage up to valuation, finance, and marketing.

Whether it is for certification or self-professional development purposes, we will be extremely pleased to seeing you taking an active part in our engaging journey to spread real estate knowledge.

Our Vision

To be the leading real estate institute in the region, the reference in terms of expertise, innovation and creativity.

Our Mission

To embed state of the art real estate knowledge across multiple interfaces in a way that enhances the capabilities and the skill set of real estate professionals in Dubai and beyond

Our Values

  • Integrity and transparency
  • Commitment and dedication
  • Excellence and added value at all levels

Our Strategic Objectives

  • To provide unparalleled learning experience in par with the world’s best practices
  • To ensure a seamless process to all our customers in a way that leverages on the latest technologies
  • To build on the acquired know-how, expertise and familiarity with the Dubai Real Estate market in order to provide relevant and up to date real estate knowledge
  • To reflect the collective deep understanding of DLD’s rules and regulations in all the material that is conveyed to trainers
  • To forge strong ties with local, regional and international stakeholders in a way that adds to the learning experience
  • To continuously work on enhancing the curriculum to ensure it is reflective of the strategic directions of DLD and RERA
  • Deira Branch

    Office # 303, 3rd Floor, Al Masaood Tower, Al Maktoum Rd, Riggat Al Buteen, Deira, Dubai
  • Teacher's Name
  • Dr.Manoj
  • Teacher's Experience
  • N/A
  • Gender
  • Male
  • Teacher's Nationality
  • N/A

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