FIDIC CONDITIONS OF CONTRACT AS A MODEL FOR AN INTERNATIONAL CONSTRUCTION CONTRACT

Construction Industry needs alternative dispute settlement mechanisms which are able to solve rapidly the disputes relating to especially international construction projects, even in the construction site as far as they emerge. A modern tender system shall begin with an efficient evaluation of the pre-qualification of applicants, and proceed with a tender procedure based on high quality tender documents, and carry on with the balanced conditions of contract which fairly distributes possible risks of future among the Employer and the Contractor.