FIDIC contracts—introduction to the Silver Book 2017
Produced in partnership with Victoria Tyson of Corbett & Co

The following Construction practice note produced in partnership with Victoria Tyson of Corbett & Co provides comprehensive and up to date legal information covering:

  • FIDIC contracts—introduction to the Silver Book 2017
  • For what type of project is the Silver Book suitable?
  • The structure of the contract
  • Key features of the General Conditions
  • Commencement
  • Confidentiality
  • The Employer’s Representative
  • Unforeseen difficulties
  • Design
  • Extension of Time
  • More...

FIDIC contracts—introduction to the Silver Book 2017

In December 2017, FIDIC launched the second editions of the Red, Yellow and Silver Book. This Practice Note is an introduction to the FIDIC Silver Book 2017 (FIDIC Conditions of Contract for EPC/Turnkey Projects).

For information about the FIDIC Silver Book 1999, see Practice Note: FIDIC contracts—introduction to the Silver Book 1999. See also Practice Notes: FIDIC contracts—introduction to the Red Book 2017 and FIDIC contracts—introduction to the Yellow Book 2017.

Note that errata to the second edition of the Silver Book were published in December 2018 (see News Analysis: Errata to FIDIC 2017 contracts published) and additional errata were published in June 2019 with respect to formatting issues in Clauses 15 and 16. The contractual status of the errata is not specified.

For what type of project is the Silver Book suitable?

The FIDIC Silver Book 2017 is essentially a turnkey contact. Under the usual arrangements for this type of contract, the Contractor carries out all the engineering, procurement and construction (‘EPC’) providing a fully equipped facility, ready for operation (at the ‘turn of the key’). Therefore, the Contractor takes on most of the project risk. The FIDIC Silver Book 2017 is not suitable for use where the Employer is carrying out the design; in this case, the FIDIC Red Book 2017 should be used instead. The Introduction to the Particular

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