Free Fidic Exam

Welcome to your Free Fidic Exam

1.

Which one answer holds two statements that are both correct with regards to risks and key considerations regarding the Golden Principles?

A. "The Employer obtains the best value for money" AND "Disputes should be avoided to the extent achievable."

B. "Only the Employer should be the one to obtain the best value for money" AND "The Contractor/Subcontractor is paid adequately and timely in accordance with the Contract to maintain its cash flow."

C. "The Contractor/Subcontractor is paid adequately and in a timely manner in accordance with the Contract to maintain its cash flow" AND "The terms of the Contract are comprehensive and fair to primarily the Employer".

D. "The Contractor should take advantage of its bargaining power every time possible" AND "Disputes are avoided to the extent achievable, minimised when they do arise, and resolved efficiently."

2.

You are the Contract Manager for the Engineer in a highway project using FIDIC Red Book (edition 1999). There is a Schedule of cost indexation included in the Contract. The project must be completed by 31 December of this year. If the Contractor fails to complete the Works by then, how will the adjustment of prices take place thereafter?

A. Each index or price applicable on the date 49 days before the expiry of the Time for Completion of the Works.

B. The current index or price.

C. Either the current index/price, or index or price applicable on the date 49 days before the expiry of the Time for Completion of the Works, whichever is more favourable to the Employer.

D. Either the current index/price, or index or price applicable on the date 49 days before the expiry of the Time for Completion of the Works, whichever agreed by Parties.

3.

There are four reasons that the Employer/Contractor shall advise in advance each other and the Engineer of any known or future events or circumstances. Which two of the following statements areNOTapplicable reasons? (Choose all correct answers — multiple possibilities)

A. Delay the execution of the Works or a Section.

B. Decrease the Contract Price.

A. Adversely affect the work of the Contractor's Personnel.

D. Increase the performance of the Works when completed

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