Allocation of risks between the parties to a contract in Fidic red book

FIDICas approach to drafting contracts has always been underpinned by the principle that its contracts must provide a fair allocation of risks between the parties to a contract, and those risks should be borne by the party best able to control them. Discuss.

Submission

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Format
1. Clear introduction
2. Logical progression of ideas
3. Smooth transition throughout essay leading to a well developed argument
4. Persuasive conclusion
5. Word count

References
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3. Required quantity of research demonstrated

Content
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2. Thoroughness of analysis