Necessity of harmonization of domestic legislation with international practice of application of pro forma FIDIK

published:
Number: Issue 17(2017)
Section: Finances, investments, economics
The page spacing of the article: 97-101
Keywords: FIDIC contracts, consulting engineer, regulatory framework, international practice.
How to quote an article: Yuliya Bibyk, Olena Belska, Svitlana Haydukova. Necessity of harmonization of domestic legislation with international practice of application of pro forma FIDIK. Dorogi і mosti [Roads and bridges]. Kyiv, 2017. 17. P. 97-101 [in Ukrainian]

Authors

M.P. Shulgin State Road Research Institute State Enterprise - DerzhdorNDI SE, Kyiv, Ukraine
https://orcid.org/0000-0002-6900-796X
M.P. Shulgin State Road Research Institute State Enterprise - DerzhdorNDI SE, Kyiv, Ukraine
https://orcid.org/0000-0002-5041-9139
M.P. Shulgin State Road Research Institute State Enterprise - DerzhdorNDI SE, Kyiv, Ukraine
https://orcid.org/0000-0002-7197-8909

Summary

Practical advisability in the study of the Ukrainian legal framework on the subject of possible adaptation to international practice is conditioned by the need to use FIDIC proforms, as this is dictated by the terms for the provision of international financing. Currently, there are certain complications in the use of such contracts due to the lack of understanding of the terminology, principles and mechanisms of the FIDIC proforma operation, which is exacerbated by the absence of official translations into the Ukrainian language; violation of the balance of responsibilities and risks of the parties when making changes; non-compliance with the requirements of Ukrainian law and inconsistency of the forms of reporting documents, approaches to the presentation of the cost of work.

References

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4. http://fidic.org/search?keys=books&type=book 
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