EIC urges fair indexation in construction contracts to manage cost volatility and currency risks, ensuring balanced risk-sharing.

The article, reproduced with kind permission of the International Construction Law Review (ICLR), summarises EIC’s observations as to what we consider as improvements and what we believe to be retrogressions with respect to the FIDIC 2017 Yellow Book ...

In December 2017, the International Federation of Consulting Engineers (FIDIC) published the Second Editions of their Red, Yellow and Silver FIDIC Conditions of Contracts. In December 2022, FIDIC published amendments to its 2017 suite of standard for ...