February 25 2014: KEY RISKS COMPARED: AIA & FIDIC

 

RSVP to raya.ani@aiamiddleeast.org

Event Date: February 25th, 2014  

Time: 7 p.m. 

KEY RISKS COMPARED - AIA AND FIDIC

The seminar will analyze how key risks in traditional “build-only” construction projects are dealt with under one of the more commonly-used standard forms in the Middle East, the FIDIC Red Book, and will then go on to compare how each of these risks is dealt with in the AIA 102/201 form of building contract.

The key areas and risks that the seminar will seek to address include termination, payment, delay, variations, design risk, site conditions, taking-over, force majeure and insurance.  The seminar will also cover the dispute resolution clause the bond/guarantee package.

The seminar will also discuss market practice in the Middle East and suggest areas in both contracts where the parties will seek to make amendments to the standard form.

The Poltrona Frau Design Center- Abu Dhabi Address:  Al khalidiya area, Corniche road, Al Sahel tower (same building as Al Hilal bank) on the ground floor.

Presented by: 

Norton Rose Fulbright (Middle East) LLP

David Johnston | Associate

Solicitor, qualified in Scotland