Federation Internationale des Ingenieurs Conseils
FIDIC (Fédération Internationale des Ingénieurs-Conseils) conditions refer to a set of standard contract templates widely used in construction and engineering projects worldwide. These conditions provide a framework for the rights, obligations, and responsibilities of parties involved, including the employer, contractor, and engineer. FIDIC contracts are designed to facilitate fair risk allocation and dispute resolution, promoting transparency and efficiency in project execution. They are recognized for their clarity and international applicability, making them popular in both public and private sector projects.
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FIDIC is an acronym commonly used to refer to the Feredation Internationale Des Ingenieurs-Conseils. FIDIC are a French based international standards organization for construction workers and the construction industry.
Nael G. Bunni has written: 'The FIDIC form of contract' -- subject(s): Building, Contracts (International law), Contracts and specifications, Engineering, Engineering contracts, International Federation of Consulting Engineers, Letting of contracts, Standardized terms of contract 'The FIDIC forms of contract' -- subject(s): Engineering contracts, Standardized terms of contract
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FIDIC (Fédération Internationale des Ingénieurs-Conseils) conditions refer to a set of standard contract templates widely used in construction and engineering projects worldwide. These conditions provide a framework for the rights, obligations, and responsibilities of parties involved, including the employer, contractor, and engineer. FIDIC contracts are designed to facilitate fair risk allocation and dispute resolution, promoting transparency and efficiency in project execution. They are recognized for their clarity and international applicability, making them popular in both public and private sector projects.
"Hotel" is the full form of the word. It is derived from the French hôtel, from Old French hostel.
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