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WWW.charlesrussell.co.UK An introduction to FDIC and FDIC standard form construction and engineering contracts Briefing note Authors: David Savage, Partner and Simon Green, Partner Date: 25 September
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Charles Russell FIDIC (Fédération Internationale des Ingénieurs-Conseils) form is a standardized contract form used in the construction industry for international projects. It outlines the rights and obligations of the parties involved in the construction project.
The parties involved in an international construction project, including the employer, the contractor, and the engineer, are required to fill out and file the Charles Russell FIDIC form.
To fill out the Charles Russell FIDIC form, the parties must carefully review and provide all the required information as outlined in the form. This includes details of the project, the parties involved, contract terms, and other relevant information. It is advised to seek legal assistance to ensure accurate and complete filling of the form.
The purpose of the Charles Russell FIDIC form is to establish a clear legal framework and set of rules for the execution of international construction projects. It helps to protect the rights and interests of the parties involved and provides a standardized approach to deal with various contractual issues that may arise during the project.
The Charles Russell FIDIC form requires reporting various information related to the construction project. This includes project details, contract terms, scope of work, project timeline, payment provisions, dispute resolution mechanisms, and other relevant information necessary to establish a binding and enforceable contract.
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