Complex Made Simple

FIDIC contracts expected to solve 80% of Saudi contractors’ problems

Jeddah Chamber of Commerce and Industry (JCCI) has said the implementation of the International Federation of Consulting Engineers (FIDIC) contracts in the country could solve 80% of the contracting sector problems and save rights of all concerned parties, Arab News has reported. The government has given 180-day period that expires in November for the completion of the new FIDIC-compliant system, said head of the contracting committee at the JCCI, Abdullah Rudwan. FIDIC contracts conforms to global systems, which regulate work in the construction sector, preserve rights of the local contractors vis-a-vis other parties and act as a reference for differences arising from the implementation of contracts, he added.