The Green Book is distinct from the more commonly cited "Red Book" (Construction) or "Yellow Book" (Plant and Design-Build). It is intended for projects that are:
: A new liquidated damages regime for contractor overheads during compensable delays, calculated using a pre-determined formula in the Contract Data. Simplified Claims Procedure
The official contract is distributed by FIDIC and typically consists of: Contract Agreement Particular Conditions Part A (Contract Data) Particular Conditions Part B (Special Provisions) General Conditions (14 Clauses) Guidance Notes and Annexes short form of contract 2nd ed 2021 green book pdf hot
Originally intended for projects valued under USD $500,000, the Green Book is now marketed for a much broader range of small-to-medium scale works, including those with a capital value up to approximately . It is primarily used for:
It retains the right to (a fast, 28-day legal process) which is mandatory for construction contracts under UK law. The Green Book is distinct from the more
The Green Book offers several benefits to users, including:
FIDIC Short Form of Contract 2nd Edition 2021 "Green Book" ) is a streamlined, user-friendly contract designed for projects where the risk level is relatively low and significant management resources are not required. This updated version replaces the original 1999 edition, expanding its suitability for slightly larger projects with values reaching up to $10 million It is primarily used for: It retains the
The 2021 Green Book maintains the user-friendly structure characteristic of FIDIC: