FIDIC to Launch Golden Principles for Services Agreements

The International Federation of Consulting Engineers (FIDIC) has announced the development of new Golden Principles for Services Agreements, aimed at promoting fair, balanced and transparent contractual relationships in the construction industry.

The new principles will apply to FIDIC services agreements, including the White Book (Client/Consultant Model Services Agreement), Sub-Consultancy Agreements and Joint Venture (Consortium) Agreements.

Why does this matter?

In practice, FIDIC contracts are often subject to significant amendments through Particular Conditions, potentially altering the originally intended allocation of risks and responsibilities. As a result, a contract may still be referred to as a FIDIC contract while no longer reflecting FIDIC’s fundamental principles.

The five new Golden Principles will help establish boundaries for acceptable contractual amendments, promoting fair contract conditions, timely payments and dispute prevention.

The principles are scheduled to be officially launched during the FIDIC International Contract Users’ Conference 2026, taking place in London from 30 November to 3 December.

Ahead of the launch, FIDIC will host a webinar on 19 November at 12:00 CET, introducing the new principles and exploring their practical implications for clients, consultants and other parties involved in contractual relationships.

Read more about the new Golden Principles and find out how to join the webinar in FIDIC’s official publication: FIDIC to Launch Golden Principles for Services Agreements