Course Introduction
This comprehensive training course is designed to address the critical challenges of managing claims and disputes under FIDIC contracts. It covers key issues such as extensions of time (EOT), delays, cost overruns, and their potential impact on business relationships between employers, contractors, and other stakeholders. The course emphasizes the importance of proactively managing these issues from the contract drafting phase to contract execution, ensuring that participants gain both theoretical knowledge and practical insights into FIDIC clauses and dispute resolution mechanisms.
Participants will learn to navigate claims and disputes under different FIDIC contract forms, including the Red Book (Construction), Yellow Book (Plant and Design-Build), Silver Book (EPC/Turnkey), Green Book (Short Form), and Pink Book (Consulting Services), and develop strategies for mitigating risks in contract execution and dispute resolution.
Key Highlights of the Course
- Overview of FIDIC Contracts:
Understand the differences between Red Book, Yellow Book, Silver Book, Green Book, and Pink Book contracts. Learn how to select the most appropriate FIDIC contract for your project, considering factors such as complexity, risk allocation, and project scope. - Key Clauses in FIDIC Contracts:
Explore critical clauses in FIDIC contracts that can lead to claims and disputes, such as those related to extensions of time (EOT), delays, cost overruns, and variations. - Dispute Resolution Techniques:
Learn the various techniques for resolving disputes effectively, including negotiation, mediation, adjudication, and arbitration, with a focus on both local and international arbitration processes. - EOT Claims and Other Contractual Claims:
Gain insights into FIDIC clauses relating to EOT claims, contractor claims, and tort liability under civil law, and learn how to navigate these complex aspects of contract administration. - Dispute Avoidance and Adjudication Boards (DAAB):
Understand the role and function of DAAB in resolving disputes, including the differences between local Middle Eastern arbitration laws and international arbitration practices.
Learning Objectives
By the end of this training course, participants will be able to:
- Select the most suitable FIDIC contract form based on project type, complexity, risks, and legal considerations.
- Identify potential claims under FIDIC contracts and understand how to prevent and mitigate them through proper contract management.
- Manage contractual changes and claims effectively, minimizing the risk of disputes and delays.
- Assess the impact of key FIDIC clauses on employer and contractor claims and their implications for project execution.
- Apply FIDIC dispute resolution mechanisms, including DAAB, arbitration, and alternative dispute resolution (ADR) methods.
- Navigate local and international arbitration laws, with a particular focus on how FIDIC contracts are applied under Middle Eastern and international legal frameworks.
- Customize FIDIC contracts to align with specific project needs and local legal requirements.
Training Methodology
This course adopts a hands-on, interactive learning approach to maximize participant engagement and retention:
- Interactive Sessions:
Delivered by experienced trainers, these sessions provide in-depth explanations of FIDIC clauses, claims management techniques, and dispute resolution strategies. - Step-by-Step FIDIC Analysis:
Detailed examination of FIDIC contract clauses related to claims, disputes, and contract administration, using real-world examples to highlight practical challenges. - Problem-Solving Discussions:
Participants will engage in group discussions to resolve real-world challenges related to claims and disputes in contract management. - Case Studies:
Real-life case studies from both local and international contexts will be analyzed to illustrate lessons learned and best practices in managing FIDIC contracts and disputes. - Customizing Contracts Exercise:
Practical exercises will focus on tailoring FIDIC contracts to suit specific project needs and legal requirements, with particular emphasis on local regulations.
Organizational Benefits
By enrolling their teams in this course, organizations can benefit in several ways:
- Reduced Exposure to Claims and Disputes:
By adopting best practices in contract management and claims administration, organizations can minimise their risk exposure and improve project outcomes. - Stronger Business Relationships:
Using balanced and well-structured FIDIC contracts fosters better relationships between contracting parties, reducing the likelihood of disputes. - Tailored FIDIC Contract Templates:
Organizations can create customized FIDIC contract templates that align with internal needs, legal frameworks, and regional regulations, improving efficiency and consistency in contract administration. - Efficient Claims Management:
By developing efficient internal procedures for claims management and dispute resolution, organizations can reduce the time and resources spent on managing claims and disputes. - Proactive Dispute Management:
Establishing clear processes for early dispute identification and resolution can minimise project delays and financial risks.
Personal Benefits
Participants will gain the following personal benefits:
- Enhanced Legal and Contractual Knowledge:
Participants will deepen their understanding of the complexities involved in FIDIC contracts, claims management, and dispute resolution, empowering them to take on more responsibility in project execution. - Expertise in Claims and Disputes Management:
evelop specialized skills in managing claims and disputes, making participants valuable assets to their teams and organizations. - Improved Contract Drafting Skills:
Participants will master the skills of drafting clear, enforceable FIDIC contract clauses that mitigate risks and reduce the potential for disputes. - Career Advancement Opportunities:
With advanced knowledge of FIDIC contracts and dispute resolution mechanisms, participants will be well-positioned for senior roles in contract management and claims administration. - Stronger Collaboration Skills:
Learn to work effectively with various stakeholders, including employers, contractors, and consultants, to achieve successful project outcomes.
Who Should Attend?
This course is ideal for professionals involved in the formulation, execution, and management of FIDIC contracts, particularly in sectors such as EPC, oil and gas, construction, infrastructure, and government projects. It is also suitable for those involved in contract administration, claims management, and dispute resolution. Target participants include:
- Project Managers:
Overseeing projects and ensuring compliance with FIDIC contract terms. - Contract Managers:
Managing the administration of contracts and resolving disputes effectively. - Claims and Dispute Resolution Specialists:
Professionals handling claims and disputes under FIDIC contracts. - Legal Advisors and Contract Administrators:
Providing legal support and managing the execution of FIDIC contracts. - Senior and Middle Management Professionals:
Overseeing project execution and managing risks related to contract administration and claims.
Contact Info:
Enquiry at : admin@keleaders.com
Whatsapp: 0044 790 125 9494
For more details visit our website : www.keleaders.com
