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FIDIC Standard Forms of Contracts or National Contracts in Public Investment

Author

Listed:
  • Dragos Mihail MANESCU

    (Faculty of Law, Bucharest University of Economic Studies)

Abstract

FIDIC standardized models have been the basis for international contracts specific to large-scale construction and installation works carried out mainly in the field of public investment. They have been a source of inspiration for national standard contracts which have gradually come to be used in the public works contracting process. With the appearance in 1959 of the first bilateral investment treaty, FIDIC investor protection clauses began to be harmonized with existing international investment treatment standards in the body of investment treaties, as any type of investment is based on a contract concluded on the basis of the pre-existence of a protection and promotion treaty

Suggested Citation

  • Dragos Mihail MANESCU, 2021. "FIDIC Standard Forms of Contracts or National Contracts in Public Investment," International Investment Law Journal, Societatea de Stiinte Juridice si Administrative (Society of Juridical and Administrative Sciences), vol. 1(1), pages 56-66, February.
    • Handle: RePEc:sja:journ1:v:1:y:2021:i:1:p:56-66
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    More about this item

    Keywords

    FIDIC; engineer; supervisor; international investment; claim; arbitration; national contract.;
    All these keywords.

    JEL classification:

    • K11 - Law and Economics - - Basic Areas of Law - - - Property Law
    • K23 - Law and Economics - - Regulation and Business Law - - - Regulated Industries and Administrative Law
    • K33 - Law and Economics - - Other Substantive Areas of Law - - - International Law

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