Publisher's Synopsis
This is a practical clause-by-clause commentary and overview of the FIDIC standard turnkey contract for the construction industry, published in November 1994. This design and build contract now places these functions in the hands of the main contractor, responsible for the overall management of the project. In contrast, previous FIDIC contracts have separated the design and construction responsibilities between different parties.;Introductory chapters to the book give the reader an overview of the contract and guidance as to its operation. The book is designed to be of benefit in international contracts where the use of FIDIC standard contracts is increasing.