FIDIC Plant and Design-Build Contract 2nd Ed now available in Greek

For the first time, you can find a FIDIC edition, specifically the Plant and Design-Build Contract 2nd Ed (2017 Yellow Book, Reprinted 2022 with amendments), in Greek.

FIDIC (Fédération Internationale des Ingénieurs-Conseils) forms are standard contract templates widely used in international construction and engineering projects. They provide a structured framework for the rights and obligations of the parties involved.

Advantages of FIDIC Forms:

Standardization: Provide a widely recognized and accepted standard, facilitating understanding among international parties.

Clarity and Structure: Clearly outline the roles, responsibilities, and rights of each party, reducing ambiguity and potential disputes.

Flexibility: Offer flexibility in tailoring the contract to the specific needs of a project while maintaining essential legal principles.

Dispute Resolution: Include mechanisms for resolving disputes, such as the appointment of an engineer or adjudicator, which can help prevent costly litigation.

Risk Allocation: Clearly define risk allocation between the parties, helping to manage expectations and responsibilities.

International Acceptance: Being widely recognized in various jurisdictions, makes them suitable for international projects.

Using FIDIC forms can help streamline project execution and enhance legal certainty, making them a popular choice in the construction industry.

VG LAWYERS has extensive and recognised experience with FIDIC contracts, particularly in central Europe and the Middle East, and is ready to support you in any related case.