It is for contracts combining design-build obligations with a long-term operation commitment. The Gold Book adopts a 'green field' design-build operation scenario with a 20-year operation period, or beyond, where the parties intend to extend their cooperation throughout the duration of the project.
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's Contracts Committee produces standard forms of contract for civil engineering projects, which are used globally. The purpose of these standard forms is to define the contractual relationship between the par-ties and to apportion risks between the contractor and the employer.
MF/1 is suited to projects with extensive commissioning – whilst JCT can include testing regimes in the Specification, it does not contain relevant remedies or obligations. The key players are the purchaser, contractor and the engineer – who administers the contract and designs the works.