Construction Law/new FIDIC

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Question
Hi,
I'm a student in the CM major, University.
These days I'm interested in the FIDIC. I know that the FIDIC has many colors. And they were modified in 1999 mainly. (Red, Yellow, Silver, Green ...)
However, I just saw a Q&A related FIDIC on this web, a man said he is working with FIDIC 1992. Is it possible ? I mean ... that's not the latest version ...
Again, my question is...
Can I use Old FIDIC instead of New FIDIC ?

Thanks in advance...

Answer
Dear DAHEE,

You may work with any form of contract that pleases you.  However, the general consensus is that FIDIC 99 is a better form of contract for all parties than FIDIC 4th edition.  

FIDIC 99 was published in 1999, but it took time for the news to spread and the advantages to be understood.  In the meantime FIDIC 4 was used.  Construction contracts often take more than ten years from conception to completion and thus decisions were made to use FIDIC 4 years ago for contracts which are incomplete today.  

I suggest that you concentrate on FIDIC 99, especially the later versions which have corrected many inconsistencies in the earlier versions.  

Construction Law

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Peter M. Elliott

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First response to queries regarding extensions of time, variations orders, site instructions and payment using FIDIC and other forms of Conditions of Contract, based on English Law, and derivatives only. Anyone who needs advice about EoT should download and study the SCL Delay & Disruption Protocol www.eotprotocol.com before submitting a question.

Experience

Value . . .
It's unwise to pay too much, but it's unwise to pay too little. When you pay too much you lose a little money, that is all. When you pay too little, you sometimes lose everything, because the thing you bought was incapable of doing the thing you bought it to do.
The common law of business balance prohibits paying a little and getting a lot. It can't be done. If you deal with the lowest bidder, it's well to add something for the risk you run.
And if you do that, you will have enough to pay for something better.
. . . John Ruskin (1819 - 1900)
"We are too poor to buy something cheap"
.Romanian Proverb 2002
A lean compromise is better than a fat lawsuit. George Herbert (English poet 1593-1633)
I said it in Hebrew, I said it in Dutch,
I said it in German and Greek:
But I wholly forgot (and it vexes me much)
That English is what you speak!" Hunting of the Snark - Lewis Caroll
Match your presentation to the reader!
The joy of food lasts but an hour, of sleep but a day, of a woman, but a month, but the joy of a building lasts a lifetime. Syrian proverb.
Comments and observations leading to improvements in the translation of FIDIC Red & Yellow books into Romanian prior to approval by FIDIC (reference 'Preface to the Romanian edition')

Organizations
Institution of Civil Engineers, Association of Chartered and Certified Accountants, Society of Construction Law, Dispute Resolution Board Foundation

Education/Credentials
B Sc(Hons) in Civil Engineering

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