Understanding FIDIC Contracts: A Legal Perspective for the Saudi Market
What is FIDIC Saudi Arabia? FIDIC, the International Federation of Consulting Engineers, is an international organization known for developing standard contract forms that govern construction and engineering projects worldwide; it represents over one million engineering professionals and 40,000 firms in about 100 countries worldwide. These contracts aim to streamline roles, responsibilities, and risk allocation between employers, contractors, and consultants. Why FIDIC Matters in Saudi Arabia Due to their standardized, balanced risk allocation and robust dispute resolution mechanisms, which are crucial for the kingdom’s ambitious Vision 2030 projects such as NEOM, The Line, and other giga-projects reshaping the Kingdom’s landscape, the use of internationally accepted contract frameworks like FIDIC ensures consistency, legal clarity, and global investor confidence. Moreover, government entities and