Our Associate, Başak Kayrancıoğlu, spoke on a panel on "Force Majeure and Termination under FIDIC Contracts" as part of the 67th online panel of the Arbitration School project, organised jointly by the Department of Private International Law of Marmara University Faculty of Law and the Istanbul Arbitration Centre / ISTAC.
Key topics covered included:
- Force majeure under the FIDIC Red Book and the requirements for an event to qualify as force majeure.
- The distinction between force majeure and employer’s risks under FIDIC contracts.
- Notice requirements and claims procedures applicable to force majeure events.
- Contractors’ entitlement to extensions of time and, in certain cases, additional costs.
- The consequences of prolonged force majeure events and the circumstances in which termination rights may arise.
- Employer and contractor termination rights under the FIDIC Red Book.
- The interaction between FIDIC provisions and Turkish law, including impossibility of performance and hardship.
The panel recording is available at the link below:
