Green Book 2017 Pdf - Fidic

: A new feature that uses a pre-determined formula to calculate compensation for delays, aiming to avoid complex expert disputes.

The FIDIC Green Book was updated to its Second Edition in December 2021, rather than 2017, introducing a new Prolongation Cost (PGC) mechanism for pre-determined compensation of overheads during contractor delays. This edition introduces an Engineer to administer the contract and adopts a simplified, user-friendly structure for smaller projects. For more details, visit White & Case LLP Short Form Revamp: the 2021 FIDIC Green Book fidic green book 2017 pdf

Recommended amendments and good-practice drafting tips : A new feature that uses a pre-determined