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news
EIC Delegates meet in Istanbul to discuss impact of geopolitical risks on international construction
The EIC Autumn Conference 2026 in Istanbul looked at the challenges to the international construction sector presented by geopolitical risks, with a particular focus on the situation in Ukraine.
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EIC Statement - Indexation clause in international construction contracts
EIC urges fair indexation in construction contracts to manage cost volatility and currency risks, ensuring balanced risk-sharing.
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New FIDIC/ITA form for Underground Works
EIC participates in the "friendly review" of the new FIDIC standard form for Underground Works that FIDIC develops in collaboration with the International Tunnelling and Underground Space Association (ITA).Unique characteristics of underground ...
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EU External Investment Plan
In September 2017, the European Parliament and the Council adopted the European Fund for Sustainable Development (EFSD), which is the core piece of the EU's new External Investment Plan (EIP). The intention of the EIP is to support more inclusive and ...
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World Bank Procurement Framework
The new Procurement Framework, effective since July 2016, allows the World Bank to better respond to the needs of client countries, while preserving robust procurement standards throughout Bank-supported projects.The new Framework enhances the ...
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FIEC / EIC / CICA Joint Statement on Ukraine
CICA, FIEC and EIC have published a Joint Statement condemning the Russian invasion of Ukraine.
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EIC and FIEC call on MEPs to reject the final CSDDD compromise proposal
On 15 March, the Committee of Permanent Representatives of the Governments of the Member States to the European Union (COREPER) gave its green light with a narrow majority to the Corporate Sustainability Due Diligence Directive (CSDDD). The European...
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Public-Private Partnerships
Infrastructure as an asset class in its own right is becoming increasingly attractive to private investors, from pension funds looking for low-risk and economically regulated assets to banks working with experienced contractors to finance large-scale ...
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Rejection of Abnormally Low Tenders
The habit of submitting Abnormally Low Tender (ALT) prices under works contracts and the associated issues surrounding this problem has prompted the Multilateral Development Banks to identify a mechanism to curtail such practices.Whereas an ALT may ...
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EIC at the EU Transport Connectivity Task Force
Working Group Africa Chairman Christian Combes represented EIC at the EU Transport Connectivity Task Force on 25 July 2019. ...
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publications
EIC Contractor's Guide to the FIDIC “Silver Book”
EIC Contractor's Guide to the FIDIC Conditions of Contract for EPC Turnkey Projects
for hardcopy
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