Overview

This two-day course provides an in-depth understanding of the FIDIC Conditions of Contract for EPC/Turnkey Projects (2017), commonly known as the Silver Book. Designed for professionals involved in large-scale engineering, procurement, and construction (EPC) projects, the course equips participants with the knowledge and skills to confidently navigate the Silver Book’s unique risk allocation and contractual provisions. The Silver Book is particularly suited for turnkey projects where the Contractor assumes full responsibility for design and execution, and the Employer seeks greater certainty in project cost and timeline.
Through expert-led sessions, practical examples, and facilitated discussions, participants will gain a comprehensive understanding of the Silver Book’s clauses, risk management strategies, and best practices for drafting and administering EPC contracts. Whether you represent an Employer, Contractor, or Consultant, this course will enhance your ability to manage FIDIC EPC/Turnkey contracts effectively and mitigate risks associated with high-stakes projects.

Why Should an Individual Attend?

• Master the Silver Book: Gain a thorough understanding of the FIDIC Silver Book’s clauses, risk allocation, and contractual mechanisms.
• Enhance Risk Management Skills: Learn how to identify, assess, and mitigate risks unique to EPC/Turnkey projects.
• Improve Contract Drafting and Administration: Develop the skills to draft clear Employer’s Requirements, negotiate contracts, and administer them effectively.
• Avoid Costly Disputes: Understand the claims and dispute resolution processes under the Silver Book to minimize conflicts and delays.
• Boost Career Advancement: Position yourself as an expert in FIDIC contracts, opening doors to senior roles and consulting opportunities.
• Network with Industry Professionals: Engage with peers and experts to share insights and best practices.

Outcomes

By the end of this course, participants will be able to:

• Understand the structure, principles, and risk allocation of the FIDIC Silver Book.
• Draft and negotiate clear Employer’s Requirements and Particular Conditions.
• Administer EPC/Turnkey contracts effectively, including managing claims and variations.
• Identify and mitigate risks associated with the Silver Book’s high-risk allocation to Contractors.
• Navigate the dispute resolution process, including claims, adjudication, and arbitration.
• Apply best practices for managing design, procurement, and construction under the Silver Book.

Program Outline

Day 1:

• SESSION 1: Introduction to FIDIC and the Silver Book
• Who and What is FIDIC?
• Overview of FIDIC contract forms: Red, Yellow, and Silver Book
• Key features and risk allocation in the Silver Book.

SESSION 2: Planning and Drafting for the Silver Book

• FIDIC's guidance on when to use the Silver Book.
• Drafting clear and enforceable Employer's Requirements.
• Tender requirements and pre-contract negotiations.
• Contractor's warranty and risk assessment.

SESSION 3: Preparing a FIDIC Silver Book Contract

• Principles of contract law relevant to FIDIC and EPC contracts.
• Order of precedence and the Contract Agreement.
• Modifying FIDIC forms for specific project needs.
• Critique of the CIDB process and its alignment with FIDIC.

Day 2:
SESSION 4: Overview of Key Clauses in the Silver Book

• General Provisions: Definitions, interpretations, and communications.
• Roles and responsibilities of the Employer, Contractor, and Engineer.
• Design obligations, workmanship, and quality assurance.
• Commencement, delays, and suspension of works.

SESSION 5: Claims, Variations, and Dispute Resolution

• Managing claims under Clause 20 (Employer's and Contractor's Claims).
• Variations and adjustments under Clause 13.
• Dispute resolution mechanisms: Adjudication, arbitration, and Dispute Avoidance/Adjudication Boards (DABs).

SESSION 6: Risk Management and Best Practices

• Insurance and indemnities under Clause 19.
• Managing exceptional events and force majeure.
• Best practices for administering EPC/Turnkey contracts.

Who Should Attend?

• Engineers
• Architects
• Project / Construction managers
• Quantity Surveyors
• Construction Health & Safety
• Contractors / Sub Contractors
• Executives / Senior Management
• Middle Management
• Administrators
• Insurance and Risk Management Professionals involved in large-scale infrastructure projects.
• Legal Advisors and Contract Managers specializing in construction law.
• Consultants and Engineers advising on EPC projects.