FIDIC Suite of Contracts
Pink Book 2010 MDB-Financed Projects
Learn key provisions and reporting protocols for MDB-financed projects under the FIDIC Pink Book 2010.
- Intermediate
- English
- 4 weeks
- 6 lessons
What you will learn?
Understand multilaterally funded project clauses
Manage reporting and compliance duties
Apply MDB-specific contract provisions
Navigate financing and contractual obligations
Who this course is for
Consultants managing MDB-financed projects
Contractors executing World Bank or ADB-funded works
Legal advisors ensuring compliance with MDB requirements
Project managers overseeing funded construction contracts.
Prerequisites
Exposure to multilateral development bank procedures
Familiarity with international construction contracts
Ability to interpret MDB-specific requirements
Interest in compliance for development-financed projects.
Why this course
Explains MDB-specific modifications to FIDIC Red Book, Highlights unique clauses governing transparency and governance, Provides strategies for meeting reporting and compliance obligations, Reduces risks associated with MDB audits and investigations, Strengthens contract administration skills for funded projects, Improves dispute avoidance under MDB protocols.
Course content
Objective
Understand the unique objectives and compliance requirements of MDB-financed contracts under the FIDIC Pink Book 2010.
Key topics
Explain the purpose of the MDB Harmonised Edition
Identify the role of MDBs in contract governance
Compare the Pink Book with standard FIDIC forms
Understand why harmonisation was necessary for MDB projects
Recognise compliance obligations imposed by MDBs
Analyse risk implications under the harmonised framework.
Week 1
Lesson 1
Preview available
Online
Video Lectures
60 min
Activity
Take a short quiz and write a 5-bullet summary of Explain the purpose of the MDB Harmonised Edition.
Objective
Learn the critical differences between MDB Harmonised Edition and standard FIDIC contracts for effective administration.
Key topics
Identify major changes introduced in MDB Harmonised Edition
Analyse modified payment and performance security provisions
Understand clauses addressing corruption and fraud
Apply procurement compliance measures in project administration
Recognise differences in claims procedures under MDB contracts
Ensure alignment with MDB-approved forms and templates.
Week 2
Lesson 2
Online
Video Lectures
60 min
Activity
Produce a practical checklist and a sample clause set aligned with the lesson objective.
Objective
Master reporting duties under MDB-financed contracts to ensure compliance and avoid penalties.
Key topics
Implement progress reporting systems as per MDB requirements
Prepare compliance documentation for audits
Maintain transparency in financial reporting
Address record-keeping obligations under MDB guidelines
Align reporting timelines with contractual milestones
Use digital tools for streamlined documentation processes.
Week 3
Lesson 3
Online
Video Lectures
60 min
Activity
Produce a practical checklist and a sample clause set aligned with the lesson objective.
Objective
Learn how to integrate anti-corruption measures into project governance for MDB-financed contracts.
Key topics
Understand MDB anti-corruption frameworks
Apply contractual obligations for ethical compliance
Recognise risks of fraud in procurement and contract execution
Implement monitoring systems for ethical practices
Draft and maintain integrity compliance declarations
Manage stakeholder communication to prevent conflicts of interest.
Week 3
Lesson 4
Online
Video Lectures
60 min
Activity
Draft/redline a clause based on the lesson focus and explain your drafting choices.
Objective
Develop expertise in handling risks and claims under MDB contractual frameworks.
Key topics
Identify unique risk allocation under MDB projects
Apply MDB claims timelines and procedures
Manage financial and contractual risks proactively
Draft compliant notices for claims
Use dispute prevention strategies aligned with MDB guidelines
Address risk of funding suspension effectively.
Week 4
Lesson 5
Online
Video Lectures
60 min
Activity
Draft/redline a clause based on the lesson focus and explain your drafting choices.
Objective
Gain knowledge of MDB-specific dispute resolution systems to maintain project continuity and compliance.
Key topics
Explain the dispute resolution procedures under MDB guidelines
Understand the use of Dispute Boards in MDB projects
Apply multi-tier dispute resolution processes effectively
Address MDB requirements for amicable settlement before arbitration
Document disputes to comply with funding rules
Avoid escalation through proactive dispute management strategies.
Week 4
Lesson 6
Online
Video Lectures
60 min
Activity
Produce a practical checklist and a sample clause set aligned with the lesson objective.
Description
The FIDIC Pink Book 2010 (MDB Harmonised Edition) is designed for projects financed by multilateral development banks such as the World Bank, ADB, and African Development Bank. It introduces specific provisions related to funding compliance, transparency, and reporting obligations that differ from standard FIDIC forms.
This course provides an in-depth analysis of the MDB Harmonised Edition, focusing on the unique contractual requirements imposed by MDBs, including anti-corruption undertakings, financial management protocols, and progress reporting. Participants will also learn how risk allocation, claims management, and dispute resolution procedures differ under this edition compared to standard FIDIC Red Book.
By the end of the programme, learners will have the knowledge and practical strategies required to ensure compliance with MDB standards while managing project delivery efficiently and ethically.
This course provides an in-depth analysis of the MDB Harmonised Edition, focusing on the unique contractual requirements imposed by MDBs, including anti-corruption undertakings, financial management protocols, and progress reporting. Participants will also learn how risk allocation, claims management, and dispute resolution procedures differ under this edition compared to standard FIDIC Red Book.
By the end of the programme, learners will have the knowledge and practical strategies required to ensure compliance with MDB standards while managing project delivery efficiently and ethically.
Instructor
Mian Sheraz Javaid
FIDIC Suite of Contracts
Sheraz draws from his rare dual expertise as an engineer and barrister to offer elite training in contract drafting. These programs are crafted for professionals who draft or review complex contracts and seek to enhance clarity, enforceability, and risk control across jurisdictions and sectors.
