Home - FIDIC Inflation in Arbitration

Inflation and cost pressures continue to affect construction projects worldwide -an ongoing issue from the latter part of COVID through to wars in Ukraine and Iran.

These pressures remain a significant issue for employers and contractors. FIDIC contracts provide mechanisms for managing cost increases through:

Direct contract indexation; and
Provisions that value certain works and claims by reference to cost, including inflation, where the relevant criteria are met.

Join our panel of experts as they explore:

How these FIDIC mechanisms operate in practice;
Where their application can lead to disputes;
The role of arbitration and expert evidence in resolving them.