Construction Contracts

The working group on Construction Contracts is chaired by the Chilean lawyer Alex Wagemann. It was introduced by the General Assembly in Paris, November 6, 2018. This working group focuses on improving the contractual conditions of the engineering and construction standards with a special focus on FIDIC.

Although the contracting standards of engineering and construction are suitable options for the development of relevant projects, these standards continue with a traditional thinking. They do not necessarily incorporate collaborative approaches, do not take into consideration clearly the promotion of technologies that improve productivity, and in particular, do not always consider in depth the vision of the contractors.

In this context emerges the idea of developing a working group, focused on improving the contractual conditions of the engineering and construction standards. The basic objectives of this new group are to:
– Formally introduce the contractors’ vision in the developments and reviews of the standards mostly used in the industry, with a special focus on the FIDIC Rainbow Suite;
– Promote ideas that go beyond traditional procurement.

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