Fidic Client Consultant Model Services Agreement 2017 Pdf May 2026
FIDIC Client/Consultant Model Services Agreement (5th Edition 2017) , commonly known as the White Book
The agreement is split into three main parts that tell the story of a project's lifecycle: fidic client consultant model services agreement 2017 pdf
How to Use FIDIC Client-Consultant Model Services Agreement 2017 PDF Employer loses transparency
| Model | Mechanism | Best For | Risk | | :--- | :--- | :--- | :--- | | A (Lump Sum) | Fixed price for defined deliverables. | Well-defined, repetitive projects (e.g., standard warehouse). | Consultant bears all cost overrun risk. Employer loses transparency. | | B (Time-Based) | Hourly/daily rates + reimbursable expenses. | Feasibility studies, dispute resolution, ambiguous scope. | Employer bears unlimited cost risk; consultant has no efficiency incentive. | | C (Combined) | Lump sum for design + time-based for supervision. | Most infrastructure (e.g., bridge design fixed, site supervision hourly). | Balanced, but requires rigorous time tracking. | | D (Target Cost) | Shared savings/overrun on a target estimate. | Innovative or R&D-heavy projects. | Complex administration; requires mutual trust and open books. | | Employer bears unlimited cost risk; consultant has