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FIDIC Conditions of Contract for Design, Build and Operate Projects (DBO Contract)

  • Format: Book

  • Pages: 112

  • Publisher: FIDIC

  • Date Published: Sep 2008

  • Stock Code: 67238

  • ISBN: 9782884320528

  • Binding: Paperback

Average Rating:
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Total rating: 3.8 out of 5
Total votes: 5

Description

Following the publication of the three main contracts in 1999, it became clear that there was a growing need for a document which combined a design-build obligation with a long-term operation commitment.

Whilst it is recognised that there are alternative scenarios encompassing the Design, Build and Operate (DBO) concept it was also recognised that different scenarios required different contract conditions.

FIDIC has chosen to adopt the scenario with a 20-year operation period and has opted for a single contract awarded to a single contracting entity (which will almost certainly be a consortium or joint venture) to optimise the coordination of innovation, quality and performance, rather than award separate contracts for design-build and for operation. The Contractor has no responsibility for either financing the project or for its ultimate commercial success. This is the basis upon which this document has been prepared.

The document, as written, is not suitable for contracts which are not based on the traditional Design-Build-Operate sequence, or where the Operation Period differs significantly from the 20 years adopted.

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