Traditional Contracting in Fast-track Implementation Context

As opposed to the traditional approach in implementation of meaningful infrastructure projects, which followed the clearly defined sequence in phasing: design-build-operate, the commercially focused financiers foster a fast-track approach, which assumes the execution of the design and build phases in parallel. Such approach aims in shortening of time for completion and allow­ing for an early generation of revenues, notwithstanding the increased burden of design-related risks. Fast-tracking of a complex infrastructure project contracted under FIDIC build-only contract form creates a contractual environment suitable for disputes. This book proposes ways to identify, allocate and contractually address the risks arising from such a contractual setup, addresses the particular challenges related to it and offers possible, generally applicable solutions.