Form of Contract : Lump Sum Contracts. Suitable for Lump Sum Contracts

The Red Book, which is part of the IChemE Forms of Contract suite, has been the subject of a detailed review. This new edition takes into account users` experiences and the latest thinking in project execution. The impact of recent legislation is also covered. The guidance section is now separated into two parts with Section 1 providing specific guidance on completing the Contract Agreement, its annex, the specification and schedules which themselves have been increased in number, and Section 2 the guidance notes, discussing general issues to aid understanding, highlighting areas where special conditions may need to be written for the users' requirements.

IChemE, the Institution of Chemical Engineers, is the center for chemical, biochemical and process engineering professionals worldwide.

We are the heart of the process community, promoting competence and a commitment to sustainable development, advancing the discipline for the benefit of society and supporting the professional development of members.

Some of the areas we publish in include:

-Safety in the process industries - the BP Process Safety series

-Consultancy for chemical engineers

-Project management in the process industries

-Contract management in the process industries - International Forms Of Contract series

-Communication skills for engineers