000 01672cad a22002175a 4500
001 L156657
008 120618s2012 xxkqr p 0 a0eng u
035 _a(Sirsi) u156657
041 0 _aeng
100 1 _aGillion, Frederick
110 2 _aFenwick Elliott LLP
245 0 0 _aUse and misuse of FIDIC forms of contract in Central and Eastern Europe
_bthe worrying trend of Silver Book provisions in public works contracts
_h[electronic resource]
260 _a[S.l.]
_b[s.n.]
_c2012
520 _aDiscusses the challenge faced by international contractors in certain Central and Eastern European (CEE) countries where employers have managed to impose in public works contracts - largely financed by the EU - very onerous provisions for the contractor which radically change the allocation of risks established by the General Conditions of Contract. This article highlights some of the significant differences between the Yellow Book and the Silver Book, the provisions or principles of the Silver Book that are now being commonly adopted in public work contracts in certain CEE countries, and the additional risks that are as a result transferred to the contractor, thus effectively removing FIDIC's traditional principles of balanced risk sharing.
590 _aKA
651 4 _aUnited Kingdom
_y
651 4 _aEurope
690 _aContracts
_96232
856 4 0 _uhttps://www.mondaq.com/x/179426/Building+Construction/Use+And+Misuse+Of+FIDIC+Forms+Of+Contract+In+Central+And+Eastern+Europe+The+Worrying+Trend+Of+Silver+Book+Provisions+In+Public+Works+Contracts&email_access=on
_zRegister here with Mondaq to view the article free of charge www.mondaq.com
942 _n0
999 _c114349
_d114349