FIDIC CONDITIONS OF CONTRACT AS A MODEL FOR AN INTERNATIONAL CONSTRUCTION CONTRACT
Dr. Jur.Tunay KÖKSAL
Abstract
The FIDIC prepares the rules of the world technical consultancy and publishes the related documents. After the first edition of the FIDIC Contracts, containing some important changes over time as a result of experiences brought by the application, the new editions have been published. Published in 1987 and known as the "Red Book", 4th edition of the FIDIC Condition of Contracts for Construction, is being used very widely for international construction works, due to it has established a fair balance risk between the Contractor and the Employer, has contributed successfully completion of a number of large-scale infrastructure projects around the world.
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