By Axel-Volkmar Jaeger, Götz-Sebastian Hök
In 1999, a collection of 3 new stipulations of agreement was once released by means of FIDIC, following the fundamental constitution and wording harmonised and up-to-date round the prior FIDIC Design-Build and Turnkey agreement (the 1992 ‘‘Orange Book’’). those stipulations, often called the ‘‘FIDIC rainbow, have been the stipulations of C- tract for: l development, the so-called pink e-book, for works designed via the organisation l Plant and Design-Build, the so-called Yellow publication, for works designed via the Contractor l EPC/Turnkey initiatives, the so-called Silver booklet, for works designed by way of the Contractor The ?rst is meant for development works the place the organisation is answerable for the layout, as for according to the former so-called crimson ebook 4th version (1987), with an enormous position for the Engineer. the opposite stipulations of agreement are meant for occasions while the Contractor is answerable for the layout. The Plant and Design-Build agreement has the conventional Engineer whereas the EPC/Turnkey agreement has a two-party arran- ment, in general with an Employer’s consultant as one of many events.
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