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The Fédération Internationale des Ingénieurs-Conseils (FIDIC) is the international federation of consulting engineers. Its membership is largely comprised of national associations, such as the Association of Consulting Engineers Australia (.acea.aust).
The FIDIC Golden Principles uphold fair and sustainable policies in the client-contractor relationship: Balanced sharing of project risks – Risks should be allocated to the party best able to manage them. Excessive risk transfer leads to higher prices and disputes.
FIDIC is a French language acronym for Fédération Internationale Des Ingénieurs-Conseils, which means the international federation of consulting engineers. It was started in 1913 by the trio of France, Belgium and Switzerland. The United Kingdom joined the Federation in 1949.
How many types of FIDIC contracts are there? There are five main types of FIDIC contracts: Red Book (construction), Yellow Book (plant and design-build), Silver Book (EPC/turnkey), Green Book (short form), and Pink Book (consulting services).
FIDIC stands for 'Fédération Internationale des Ingénieurs - Conseils', which is best translated from French as The International Federation of Consulting Engineers. FIDIC represents the consulting engineering indus-try both globally and domestically. What are the FIDIC forms of contract?
