FIDIC Suite of Contracts
Silver Book 2017 EPC/Turnkey Projects
Analyse key contractor obligations, risk allocation, and performance strategies for EPC/Turnkey projects under FIDIC Silver Book 2017.
- Intermediate
- English
- 4 weeks
- 6 lessons
What you will learn?
Analyze contractor liabilities under EPC contracts
Manage fixed-price risks and scope changes
Apply risk allocation principles
Ensure contract compliance and delivery
Who this course is for
EPC contractors managing turnkey projects
Legal and contractual advisors handling EPC contracts
Developers negotiating fixed-price agreements
Consultants overseeing risk and compliance in EPC delivery.
Prerequisites
Knowledge of EPC delivery
Familiarity with FIDIC contract structure helpful
Ability to interpret contractual risk provisions
Interest in advanced project risk management.
Why this course
Explains contractor liabilities under the Silver Book 2017, Clarifies fixed-price and lump-sum risk allocation, Provides strategies for managing scope obligations, Reduces disputes through structured compliance, Enhances risk mitigation and claims prevention, Builds confidence in delivering EPC projects under international standards.
Course content
Objective
Gain an understanding of EPC delivery models and how the Silver Book 2017 shapes risk and performance obligations.
Key topics
Explain the purpose and scope of EPC/Turnkey contracts
Identify core principles underpinning the Silver Book
Compare risk allocation with other FIDIC forms
Analyse why EPC contracts impose higher contractor liability
Understand implications for commercial strategy
Review updates from previous editions.
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 and scope of EPC/Turnkey contracts.
Objective
Learn the contractor’s primary liabilities under EPC contracts and how to manage them effectively.
Key topics
Define key obligations for design and execution
Explain liability for defects and performance shortfalls
Apply strategies for compliance with technical specifications
Address risks linked to fitness-for-purpose requirements
Document obligations for clarity in execution
Maintain neutrality during claims handling.
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 techniques to manage fixed-price risk and safeguard profitability under the Silver Book 2017.
Key topics
Understand the financial implications of fixed-price EPC contracts
Analyse provisions for price certainty and risk allocation
Manage unforeseen cost impacts proactively
Apply strategies for pricing accuracy during bid stage
Draft notices to protect entitlements
Use contingency planning for cost stability.
Week 3
Lesson 3
Online
Video Lectures
60 min
Activity
Draft/redline a clause based on the lesson focus and explain your drafting choices.
Objective
Develop robust scope management practices for successful EPC project execution.
Key topics
Identify obligations for complete project delivery
Apply contractual provisions for managing scope changes
Draft compliant variation notices
Mitigate risks from scope creep
Maintain accurate documentation for all instructions
Communicate changes transparently to avoid disputes.
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
Understand contractual risk allocation and how to manage exceptional circumstances effectively.
Key topics
Analyse clauses allocating risk for unforeseeable events
Understand contractor obligations in adverse conditions
Apply procedures for claims under exceptional circumstances
Manage force majeure and cost/time impacts
Integrate risk planning into project execution
Use dispute avoidance measures for risk-related claims.
Week 4
Lesson 5
Online
Video Lectures
60 min
Activity
Produce a practical checklist and a sample clause set aligned with the lesson objective.
Objective
Equip yourself with practical strategies for managing EPC risk and ensuring contractual compliance.
Key topics
Create compliance checklists for EPC contracts
Prepare internal governance frameworks for risk control
Implement best practices for documentation and reporting
Review real-life EPC disputes and lessons learned
Apply strategies for proactive claims prevention
Build systems for transparent communication across stakeholders.
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 Silver Book 2017 governs EPC/Turnkey contracts where the contractor assumes significant design, execution, and financial risks. Under its provisions, the contractor bears greater responsibility for price certainty, scope delivery, and performance guarantees, making risk management critical for successful project execution.
This course provides a comprehensive analysis of the contractor’s obligations under the Silver Book framework, including design and performance requirements, liability for errors, fixed-price commitments, and handling of unforeseeable conditions. Participants will also explore strategies for managing scope changes, drafting compliant notices, and mitigating disputes in high-risk contractual environments.
Through practical exercises and case examples, the course equips EPC contractors and consultants with tools to safeguard commercial positions while ensuring compliance with FIDIC requirements. By the end of the programme, learners will be prepared to manage EPC risks confidently and deliver projects in line with contractual obligations.
This course provides a comprehensive analysis of the contractor’s obligations under the Silver Book framework, including design and performance requirements, liability for errors, fixed-price commitments, and handling of unforeseeable conditions. Participants will also explore strategies for managing scope changes, drafting compliant notices, and mitigating disputes in high-risk contractual environments.
Through practical exercises and case examples, the course equips EPC contractors and consultants with tools to safeguard commercial positions while ensuring compliance with FIDIC requirements. By the end of the programme, learners will be prepared to manage EPC risks confidently and deliver projects in line with contractual obligations.
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.
