FIDIC contracts will be implemented in Ukraine

KMU

FIDIC contracts will be implemented in Ukraine

The Government of Ukraine has taken an important step to the implementation the standard forms of contracts of International Federation of Consulting Engineers (FIDIC) in Ukraine. This is the case adoption of the Cabinet of Ministers of Ukraine Order № 154-p of March 14. The unofficial translation can be found here.

In this document not only were distributed the State Budget expenditures for network development and maintenance of public roads, but also provided for the introduction of effective quality control mechanisms, rules, technical supervision, funding for these works according to the FIDIC contracts during the year.

A corresponding order was given to the Ministry of Infrastructure, Ukravtodor, Ministry of Economic Development and Ministry of Regional Development.

Conclusion of contracts according to the FIDIC forms will detail general and special conditions. This allows for better control over the using funds, coordination of all project participants. As the result are a reduction of investment risks, improving the work quality and reduction of construction periods.

Interstate Consultants Engineers Guild, as a FIDIC member working on the establishment of the Institute of Consulting Engineers, the increasing role and importance of FIDIC standards in Ukraine, and strongly supports and promotes positive initiatives on these issues.