{"id":9193,"date":"2024-11-22T12:28:43","date_gmt":"2024-11-22T10:28:43","guid":{"rendered":"https:\/\/dev.segm.gr\/world-bank-signs-five-year-agreement-to-use-fidic-standard-contracts-2\/"},"modified":"2024-11-26T13:21:02","modified_gmt":"2024-11-26T11:21:02","slug":"world-bank-signs-five-year-agreement-to-use-fidic-standard-contracts-2","status":"publish","type":"post","link":"https:\/\/segm.gr\/en\/world-bank-signs-five-year-agreement-to-use-fidic-standard-contracts-2\/","title":{"rendered":"World Bank signs five-year agreement to use FIDIC standard contracts"},"content":{"rendered":"<p style=\"font-weight: 400;\">International engineering federation FIDIC (the International Federation of Consulting Engineers) has secured a major agreement with the World Bank that will see the international funding\u00a0organisation\u00a0adopt the use of six FIDIC standard contracts for the next five years.<\/p>\n<p style=\"font-weight: 400;\">Under the terms of the agreement, FIDIC has granted the World Bank a non-exclusive\u00a0licence\u00a0to refer to the six major FIDIC contracts for projects they finance and the documents will be used as part of the bank\u2019s standard bidding documents. The contracts mainly include the 2017 Second edition FIDIC contracts, which cover a wide range of international construction and infrastructure work, and the World Bank\u2019s move represents a major endorsement for the contracts from a major international funding\u00a0organisation. FIDIC also expects to announce a similar agreement with the other multilateral development banks.<\/p>\n<p>See more <a href=\"https:\/\/segm.gr\/wp-content\/uploads\/2019\/02\/MA-Letter-03-19-PR-FIDIC-World-Bank-agreement_FINAL_14.2.19.pdf\" target=\"_blank\" rel=\"noopener\">here.<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>International engineering federation FIDIC (the International Federation of Consulting Engineers) has secured a major agreement with the World Bank that will see the international funding\u00a0organisation\u00a0adopt the use of six FIDIC standard contracts for the next five years. Under the terms of the agreement, FIDIC has granted the World Bank a non-exclusive\u00a0licence\u00a0to refer to the six&#8230;<\/p>\n","protected":false},"author":1,"featured_media":9194,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[64],"tags":[],"class_list":["post-9193","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-segm"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>World Bank signs five-year agreement to use FIDIC standard contracts - SEGM<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/segm.gr\/en\/world-bank-signs-five-year-agreement-to-use-fidic-standard-contracts-2\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"World Bank signs five-year agreement to use FIDIC standard contracts - SEGM\" \/>\n<meta property=\"og:description\" content=\"International engineering federation FIDIC (the International Federation of Consulting Engineers) has secured a major agreement with the World Bank that will see the international funding\u00a0organisation\u00a0adopt the use of six FIDIC standard contracts for the next five years. Under the terms of the agreement, FIDIC has granted the World Bank a non-exclusive\u00a0licence\u00a0to refer to the six...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/segm.gr\/en\/world-bank-signs-five-year-agreement-to-use-fidic-standard-contracts-2\/\" \/>\n<meta property=\"og:site_name\" content=\"SEGM\" \/>\n<meta property=\"article:published_time\" content=\"2024-11-22T10:28:43+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-11-26T11:21:02+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/segm.gr\/wp-content\/uploads\/2024\/11\/MA-Letter-03-19-FIDIC-World-Bank-pic-PR-short-\u0391\u03bd\u03c4\u03b9\u03b3\u03c1\u03b1\u03c6\u03ae-1.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1300\" \/>\n\t<meta property=\"og:image:height\" content=\"786\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"sympraxis\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"sympraxis\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/segm.gr\/en\/world-bank-signs-five-year-agreement-to-use-fidic-standard-contracts-2\/\",\"url\":\"https:\/\/segm.gr\/en\/world-bank-signs-five-year-agreement-to-use-fidic-standard-contracts-2\/\",\"name\":\"World Bank signs five-year agreement to use FIDIC standard contracts - 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