FIDIC Flashcards
1
Q
Standard contracts (scope of services) abroad
A
- Management contracts
- Traditional procured contracts
- Construction management contracts
- Design and build contracts
- EPC Turnkey contracts
- Design / Engineering / Consultant contracts
- BOT contracts
2
Q
Standard contracts (form of remuneration) abroad
A
- price based contract
- cost based contract
3
Q
Price based contracts
A
- Bill of quantities contract (Einheitspreisvertrag)
- Lump sum contract (Pauschalvertrag)
-with bill of quantities (Detail-Pauschalvertrag)
-with schedule of works (Global-Pauschalvertrag)
4
Q
Cost based contracts
A
- Schedule of rates contract (Stundenlohnvertrag)
- Cost plus fee contract (Selbstkostenerstattung plus Zuschlag)
-cost plus percentage contract
-cost plus fixed fee
-cost plus fluctuating fee - Target contracts
-cost target contract (GMP)
-time target contract
-performance target contract (Contracting)
5
Q
Standard contracts (contract terms) abroad
A
- AFNOR (France)
- AIA (USA)
- CE (GB)
- SIA (China)
- FIDIC
6
Q
FIDIC
A
Fédération Internationale des Ingénieurs-Conseils
- Founded in 1913 with headquarters in Geneva
- To be the recognized global voice for the consulting engineering industry
- To promote the business interests of suppliers of technology-based intellectual services for the built and natural environment
7
Q
FIDIC principles
A
- Quality services
- Best practice
- High standards
- Selection by ability
- Sustainability
- Capacity building
8
Q
Course for internationally tendered projects
A
1) clear, understandable
2) fair, equal
3) third parties
4) complete, adaptable
5) acknowledged
9
Q
Components FIDIC contracts
A
- The Contract Agreement
- The Letter of Acceptance
- The Letter of Tender
- The Particular Conditions
- The General Conditions of Contract
- The Employer’s Requirements
- Tables (Schedules)
- The Contractor’s Proposal and all other documents forming part of the Contract (Contractor’s Proposal)
- The Dispute Adjudication Board (DAB) agreement
- Warranties and guarantees Bonds/Guarantees)
10
Q
Structure of the contract
A
- General contract conditions
- instructions for the agreement of the special contract conditions
- forms for the submission of tenders, the contract document and the agreement on dispute settlement
11
Q
FIDIC: Risks for the employer and employee
A
1) Risks of Physical Loss or Damage
2) Risks of Financial or Time Loss
- specifies and defines these risks and assigns them to the to the parties in §§ 17, 18 and 19 and assigns
- in the logical sequence: Risk-Responsibility-Liability-Indemnity-Insurance
12
Q
Main performance obligations
A
- the contractor shall plan the works (to the extent) as specified in the contract
- the contractor shall execute and complete the work
- the contractor shall remove all defects that have occurred
13
Q
Ancillary performance obligations
A
- Contractor’s duty of care towards personnel and work
- Type and manner of installations,materials and technical execution
- observance of deadlines with commencement, delay and interruption
