Asite, the world’s leading data platform, is pleased to announce its FIDIC Yellow Book Contract Management solution is now validated.
Following a rigorous assessment by an external industry expert, Asite’s FIDIC Yellow Book Contract Management Module was found to comply with the latest guidelines and requirements as stipulated in the Plant and Design-Build Contract 2nd Ed. (2017 YELLOW BOOK).
Asite's FIDIC (Yellow Book) version has been deemed suitable for managing FIDIC Yellow Book-compliant Contracts.
Released as part of a range of recent improvements to the Asite Data Platform, this new Fédération Internationale des Ingénieurs-Conseils validation demonstrates Asite’s dedication to offering solutions that comply with industry standards and help their clients build better.
“We are delighted to receive this validation for our cloud-based FIDIC Contract Management solution,” said Denis Antony, Senior Vice President of Global Management at Asite. “We constantly endeavor to deliver world-class solutions to the construction industry worldwide, so this recent validation is yet another demonstration of this commitment. It also demonstrates our in-house teams’ and specialists’ expertise in creating solutions that meet industry standards. This is what makes Asite so unique and helps us to stand out in this competitive industry. Over the coming months, we will continue to validate our additional FIDIC Apps, providing our clients with the tools they need to succeed.”
The Asite Contract Management solution provides teams with real-time visibility and control across the contract process, significantly reducing risk on any project.
The solution caters to many different contract guides and series, including FIDIC and New Engineering Construction. Under NEC, Asite supports both NEC3 and the newer version, NEC4. Contract types like Engineering and Construction Contract, Professional Service Contract, Term Service Contract, Subcontractor Contract, NEC3 Supply Contract, NEC3 Engineering and Construction Short Contracts are all supported.
FIDIC Yellow Book is a guide for anyone preparing, administering or contributing to the FIDIC suite of contracts, 2017 edition.
It is mostly used for construction works where the design, construction and assembly are made by the contractor. The FIDIC Yellow Book is widely recognized for its fundamental principles of balanced risk sharing between the employer and the contractor.
Initially published in 1999, FIDIC Yellow Book has been widely used for nearly two decades and is a trusted international standard.