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Practice and Observation of Localized Application of FIDIC Contract Conditions in Design-build Bidding of International Project |
ZHU Xin |
China Railway Design Corporation, Tianjin 300308, China |
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Abstract Research purposes: FIDIC Contract Conditions enjoy high reputation in the global engineering contract form for their relative justice and fairness. Meanwhile, FIDIC Contract Conditions are widely used in international engineering field for their strict conditions, strong operability and clear risk liability. This paper mainly introduced the application of FIDIC Conditions of Contract for Plant and Design-Build(Yellow Book) in the DB bidding of the SLH Railway Project. By comparative analysis of time of completion, quality control and investment control between FIDIC Yellow Book and the Bidding Documents of Government Procurement of Infrastructure of the host country, this paper conducted in-depth discussion for practice and strategy of localized application of FIDIC Yellow Book. Research conclusions: (1) The key point of localized application of FIDIC Contract Conditions is to adapt the unique construction supervision & legislation environment in the host country. (2) Particular contract conditions are particularly important and should match to the characteristics of the project. (3) The research results can provide reference for the negotiation and signing of contract conditions for international DB bidding.
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