A first look at FIDIC contracts and coronavirus

May 4, 2020

By: Manuel Franco

 

There is no doubt that one of the sectors worst hit by COVID-19 is construction, irrespective of the country where the project is executed. In the case of projects in which the FIDIC Conditions (the “Conditions”) apply, it is important to be familiar with certain clauses to understand the possible consequences of the pandemic for the parties involved. This note aims to take a first look at those clauses, focusing on the Conditions of Contract for Plant and Design-Build (yellow book) and the Conditions of Contract for Construction (red book) of 1999. When necessary, we will refer to the differences in the conditions published by FIDIC in 2017.

 

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