The worldwide construction industry is rapidly using FIDIC contracts all over the world. FIDIC contracts are agreements in the sector of building and installation that are utilized as international standards.
The main goal of FIDIC was to develop standard contracts that could be used for a wide range of building and installation projects, given that, in essence, each project built wherever in the world is built on the same basic principles.
These standard agreements are the result of decades of expertise in building and installation projects, and they are papers that balance the interests of all parties involved.

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