Navigating FIDIC Contracts: A Comprehensive Guide to Red, Yellow, and Silver Books

14-15 Jul, 2025, Wyndham Grand Bangsar Kuala Lumpur

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Learn from the Best

Prof R Venkat
LLM (UK), B. Eng., C.Eng., FCIArb, FCMA,MRICS, PGDBA
Program Chair- LLM in Construction Law & Arbitration.
Professor of Practice-Law, Manipal Law School
Trainer, Consultant, Author and Expert
Co-founder, C Cubed Consultants Limited


Prof R Venkat is a well- respected and distinguished speaker/trainer having over 30 years of industry experience in the GCC/Asia region. His expertise includes heavy engineering, infrastructure, construction, marine and non-conventional energy sectors. He is one of the founding partners of ‘C Cubed Consultants’, a Contracts and Claims Management consultancy based in UAE. He advises Clients, Contractors on various aspects of contractual matters and helps them to resolve their disputes in an amicable and practical way.


Prof R Venkat has developed a unique Masters program (LLM) in Construction Law and Arbitration which is the first of its kind in Asia. This Masters program is available for both legal and engineering professionals. Having assumed additional responsibility as a professor of practice at Manipal Law School, Bengaluru, India, he has been conducting short-term and Post graduate level courses in Construction Law specialization in addition to the LLM program.

He has conducted over 100 training/workshops during the past three years based on various forms of contract including Project Delay, Claims Assessment, EPC, EPCIC, Avoidance Management, FIDIC and Turnkey Contracts. He has been invited by leading universities for guest lectures to construction law/management post graduate students and he also writes regularly in construction and arbitration journals.
He is a Chartered Engineer, Construction lawyer, Chartered QS and Fellow member of chartered Institute of Arbitrators, London. He is fully conversant with legal principles related to the construction of both common law and civil law jurisdictions.


He has been listed as an arbitrator at India, Kuala Lumpur, Dubai and Hong Kong. He acts as an Expert Witness in construction arbitrations involving delay and quantum claims.


He is a co-founder of a contract life cycle management consultancy based in United Arab Emirates and advising contractors and clients on both pre and post contract related matters including dispute resolution.

Venue Details

Wyndham Grand Bangsar Kuala Lumpur
1, Jalan Pantai Jaya Tower 3, Kuala Lumpur, 59200 MY,
Phone : +60322981888

https://wyndhamgrand bangsarkl.com.my/

Contact us

Juliany,
03 2283 6109
juliany@ipa.com.my

Phoebe,
03 2283 6100
phoebe@ipa.com.my 

FOR CUSTOMISED IN-HOUSE TRAINING
Jane,
03 2283 6101
Jane@ipa.com.my

ADDRESS 
A-28-5, 28th Floor, Menara UOA Bangsar, 
No.5, Jalan Bangsar Utama 1, 
59000 Kuala Lumpur
www.ipa.com.my

FOCUSING ON
  • Session 1: Introduction To FIDIC
  • Session 2: Overview Of FIDIC Contracts Guide
  • Session 3: Rights, Responsibilities And Obligations Of The Contract Parties
  • Session 4: Principles Of Design And Build And Turnkey Contracts
  • Session 5: Resource Elements (Project Management Guide)
  • Session 6: Cost Elements
  • Session 7: Suspension And Termination
  • Session 8: Risk, Liability And Force Majeure
  • Session 9: Claims And Dispute Resolution
  • Session 10: Tips For Contract Management
OBJECTIVE

This practical training course, provided by an International Trainer who has closely interacted with FIDIC drafters of the Contracts and with extensive international experience (40 years), explains and illustrates the use of FIDIC Conditions of Contract Suite.

The course is designed to help participants who are employers, consultants or contractors to have confidence in working with these documents. This 2-day training course will also cover case studies to enhance participants’ understanding.

WHO SHOULD ATTEND
This course will be of interest to those of all levels involved in construction and engineering projects, including:
• Employers / Owners and their Representatives
• Government Ministries, Department and Agencies
• Private Developers
• Contractors (and their Subcontractors and Suppliers)
• Project Engineers/Project Managers
• Estimation And Tendering Teams
• Engineer / Architect Consultants
• Cost Engineers/Quantity Surveyors
• Planning/Scheduling Engineers/Managers
• Lawyers – advising Employers, Contractors and Consultants
• Construction Managers, Contract Managers and Commercial Directors
• Finance Teams/Auditors/Accountants
• Project Funding Agencies
• Lenders and Insurers
METHODOLOGY
  • Presentations
  • Group exercises
  • Quizzes
  • Case Studies
  • Q&A after every session
DAY 1
9:00

SESSION 1: INTRODUCTION TO FIDIC

  • Overview Of FIDIC
  • Significant Update In 2017 Edition
  • Key Differences Between Red, Yellow, And Silver Books
  • FIDIC Special Form Of Contracts (Dredging, Tunnel Works)
10.45

SESSION 2: OVERVIEW OF FIDIC CONTRACTS GUIDE

  • Pre-Contract Considerations
  • Compensation Principles As Recommended By FIDIC
  • Key Considerations For Choosing Particular Form Of Contract
  • Tendering Procedure
  • Prequalification Principles
  • Risk Assessment During Pre-Contract Stage
  • Structure Of A FIDIC Contract
12.00

SESSION 3: RIGHTS, RESPONSIBILITIES AND OBLIGATIONS OF THE CONTRACT PARTIES

  • The Employer; Legal Status, Rights And Responsibilities
  • The Engineer; Role During Pre-Contract And Post Contract Stage, Ethical Guidelines, Engineer Instructions,
    Engineer’s Determination
  • The Contractor And His Obligations
  • Subcontracting Principles, Nominated Subcontractors And Privity Of Contract.
1:00 Lunch
2:00

SESSION 4: PRINCIPLES OF DESIGN AND BUILD AND TURNKEY CONTRACTS

  • Employer’s Requirements, Defects And Errors
  • Contactor’s Obligations For Errors In Employer’s Documents
  • Design Obligations
  • Staff And Labour
  • Plant, Materials And Workmanship
3:45

SESSION 5: RESOURCE ELEMENTS (PROJECT MANAGEMENT GUIDE)

  • The Magic “Time-Cost-Quality” Triangle Explained
  • Importance Of Base Line Program, Approval Time Lines, Progress Updates
  • Contractor’s Entitlement For Extension Of Time, Delay Caused By Authorities
  • Awarding Extension Of Time, Right To Claim Profit Over The Cost
  • Tests On Completion
  • Employer’s Taking Over Obligations, Deemed Taken Over
  • Defects Liability, Legal Considerations, Extension Of DLP, Limitation Periods Under Law
5:00 End of Day 1
DAY 2
9:00

SESSION 6: COST ELEMENTS

  • Measurement And Evaluation, Lumpsum Principles, Method Of Measurement, Disputes
  • Variations And Adjustments; Unilateral Right, Valuation Principles, Authority To Change
    Rates, Value Engineering, Negative Variation,
    Case Laws
  • Contract Price And Provisional Sums
  • Payment Procedures, Advance, Interim And Final Payment Provisions
  • Duty To Pay And Contractor’s Right For Delayed Payments
10.45

SESSION 7: SUSPENSION AND TERMINATION

  • Termination By Employer, Termination For Breach, Termination For Convenience
    And Legal Considerations
  • Suspension And Termination By Contractor
  • Payment On Termination
  • Duty To Novate Subcontractors
12.00

SESSION 8: RISK, LIABILITY AND FORCE MAJEURE

  • Risk And Responsibility, Insurable Risks, Risk Allocation And Unforeseen Risks
  • Liability And Insurance, Indemnity, Types Of Insurances, Condition Precedent, Good Faith
  • Force Majeure; Narrow Interpretation, Duty To Notify And Compensation For Force
    Majeure
1:00 Lunch
2:00

SESSION 9: CLAIMS AND DISPUTE RESOLUTION

  • Claims Overview, Notification Requirements
  • Employer Claim Procedure
  • Contractor’s Claim Procedure
  • Importance Of Contemporary Records
  • Engineer’s Determination
  • Dispute Adjudication As Recommended By FIDIC
  • DAB Decision, Notice Of Dissatisfaction
  • Cooling Off Period, Amicable Settlement
  • Arbitration Procedure As Per FIDIC
3:45

SESSION 10: TIPS FOR CONTRACT MANAGEMENT (TAKE HOME POINTS)

  • Tips For Contractors
  • Tips For Employers
  • Tips For Engineers
  • Recap Of Important Points
5:00 End of Course