ABSTRACT
FIDIC (Fdration Internationale des Ingnieurs Conseils) is responsible for the production of a suite of contracts with each form being bound with a different colour cover. This chapter focuses on the Red, Yellow and Silver Books, which have a practically identical approach to insurance issues with the key clauses being clauses 17 and 18; the Green Book where the relevant provisions are clauses 13 and 14; and the new Gold Book for Design, Build and Operate Projects which was published in 2008, and where the relevant provisions are contained within clauses 17, 18 and 19. Fortunately, the clauses relating to insurance provisions in the Red, Yellow and Silver Books are substantially the same, the minor differences being due to the respective role of the 'engineer' or the 'employer'. The FIDIC contracts approach insurance on the basis that the insurance is for the benefit of the project as opposed to safeguarding the rights and liabilities of the employer and/or contractor.
