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FIDIC Silver Book Summary

The FIDIC Silver Book (2017 Edition) is designed for EPC/Turnkey projects, placing full responsibility on the Contractor for design, procurement, and construction. It minimizes Employer risk by transferring most design, time, and cost risks to the Contractor, making it ideal for privately financed or fixed-price projects. The Engineer's role is significantly reduced compared to the Red and Yellow Books.
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0% found this document useful (0 votes)
17 views1 page

FIDIC Silver Book Summary

The FIDIC Silver Book (2017 Edition) is designed for EPC/Turnkey projects, placing full responsibility on the Contractor for design, procurement, and construction. It minimizes Employer risk by transferring most design, time, and cost risks to the Contractor, making it ideal for privately financed or fixed-price projects. The Engineer's role is significantly reduced compared to the Red and Yellow Books.
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
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FIDIC Silver Book (EPC/Turnkey Projects)

Summary

The FIDIC Silver Book (2017 Edition) is intended for EPC/Turnkey projects, where the Contractor
takes full responsibility for design, procurement, and construction to deliver a completed facility fit
for purpose. Employer risk is minimal, and the Contractor assumes almost all design, time, and cost
risks. It is suited for privately financed or fixed■price projects requiring certainty of outcome. The
Engineer’s role is limited compared to the Red and Yellow Books.

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