The World Bank and Asian Development Bank Form of Contract
A paper given to the Society of Construction Law Hong Kong in Hong Kong on 12 October 2005
In May 2005, FIDIC published a variant of its 1999 Red Book, intended for use on projects funded by Multilateral Development Banks and incorporating many of the specific provisions typically required by the MDBs for such projects.
The author reviews the key provisions of the MDB form, highlighting particular changes from the FIDIC Red Book (1999) and drawing comparisons with the corresponding provisions in the Hong Kong Government form (1999).