FIDIC Red Book – Amendments to the FIDIC Conditions of Contract for Construction for Building and Engineering Works Designed by the Employer, Se

FIDIC Yellow Book – Amendments to the FIDIC Conditions of Contract for Plant and Design-Build for Electrical & Mechanical Plant, and for Bui

05/12/2022 • Article • FNTP

FIDIC Silver Book – Amendments to the FIDIC Conditions of Contract for EPC/Turnkey Projects, Second Edition 2017

05/11/2022 • Article • FNTP

FIDIC Golden Principles

18/12/2019 • Article • FNTP

GPoC 2025, Global Powers of Construction

20/10/2025 • Isabelle PEDRON-LIOU

Global Powers of Construction analyses the outlook for the construction industry worldwide and discusses the strategies and performance of the most representative listed global construction groups in 2024.

Infrastructure Monitor 2024 : Global trends in private investment in infrastructure

14/10/2025 • Article • FNTP

Global private investment in infrastructure projects in primary markets rose notably in nominal terms in 2023, increasing by 10 percent. The majority of this growth took place in developed markets, while low- and middle-income countries (LMICs) experienced a slight decline. This marks a continuation of strong post-pandemic growth, with investment levels significantly higher than the five-year average (2018-2022). However, infrastructure delivery costs have increased significantly in the meantime — potentially 10 percent above inflation based on the construction cost index across G20 countries — necessitating a cautious interpretation of the trend especially for greenfield projects. Meanwhile, secondary market investments declined by 17 percent in 2023, largely due to reduced acquisition activity, a reflection of the impact of higher interest rates on asset valuations. The share of LMIC countries for secondary market continued to decrease slightly and only represented around 12 percent of the global volumes. Preliminary data for 2024 indicates some significant rebound for secondary activities as many central banks globally initiated interest rate cuts, driven by declining inflationary pressures.

International Construction Costs 2025: Navigating Uncertainty

10/10/2025 • Article • FNTP

Political and economic uncertainty has increased dramatically. In times like this, the easiest reaction for many clients is to wait and see. But development is essential to meet the needs of a growing population and a rapidly evolving economy. There is a risk that opportunities for well-timed and profitable development could be missed through delay. From the rebuilding of Los Angeles to the creation of new multifamily housing in cities like Toronto and Manchester, and the adaptation of existing buildings in New York and London to meet changing client expectations, a constant cycle of building is an essential part of the resilience and adaptability of the modern economy. Some markets, including the data center market, continue to boom. However, for many sectors, the mood is more hesitant. High financing costs, ongoing economic uncertainty and the lingering effects of the pandemic on how space is used have created a challenging environment for development. Rising tariffs and other trade barriers risk compounding these issues, further slowing growth. The consequences are far-reaching — from a deepening housing crisis to growing gaps in healthcare, education and commerce as owners struggle to adapt their existing buildings to meet rapidly evolving needs. It has become significantly more challenging for visionary clients to advance new projects, as assembling teams and securing development financing become increasingly difficult in an uncertain and unpredictable environment. But clients aren’t powerless, and there are many steps that can be taken to have better control over of their projects. By aligning proposals with real market needs and partnering with designers and other consultants who understand how buildings function and how people and the environment interact with them, clients can create more resilient, future-ready developments. With the help of experts in data and AI, it’s possible to identify the critical success factors that drive both viability and long-term performance. At the same time, project teams can harness the power of digital platforms to develop proposals to a higher level of maturity — giving contractors and investors the confidence that plans are robust, deliverable and investment-ready before construction begins.

Review of the European public-private partnership market in 2024

10/10/2025 • Article • FNTP

In 2024, 39 public-private partnership transactions reached financial close for an aggregate value of €11.47 billion. The value of the market decreased by 17%, compared to 2023. The number of projects reaching financial close increased by 2.6%, with 39 projects in 2024 vs. 38 in 2023. Greece was the largest market by value, while Belgium led in the number of projects. 11 countries closed at least one public-private partnership project, compared to 13 in 2023. Transport was the largest sector by value. Education was the largest sector by number of projects. Over 61% of the transactions closed were government-pay public-private partnerships.

2023/24 Infrascope : Measuring the Enabling Environment for Public-Private Partnerships in Infrastructure in Latin America and the Caribbean

10/10/2025 • Article • FNTP

The landscape of infrastructure PPPs in Latin America and the Caribbean has seen remarkable growth over the past decade, with approximately 640 projects totaling US$160bn in financing recorded between 2014 and 2023. Since the 2021/22 Infrascope was published, several countries in the region have taken significant steps forward in creating environments conducive to efficient, impact-driven and sustainable PPPs. Brazil and Chile continue to lead the region with exceptional performance. Notably, this year’s top improvers — Belize, Ecuador, Jamaica, Suriname, Barbados and the Bahamas — demonstrate a growing commitment from smaller and emerging PPP markets. Additionally, emerging PPP markets such as the Dominican Republic or Paraguay have seen their PPP programs evolve since the last edition, highlighting the region’s potential for dynamic growth. To capitalize on this momentum and foster greater PPP maturity, countries need to focus on establishing robust project selection processes, strong institutions, effective legislation and rigorous reporting systems. This edition of the Infrascope explores the region’s advancements in these crucial areas, uncovering several key findings about the building blocks of successful PPP development: Investment in infrastructure PPPs has increased by almost 14% across Latin America and the Caribbean. There is a growing appetite for PPPs, with total project investment in the past decade (2014-23) reaching US$160bn across the region — a 14% increase from US$141bn during 2011-20 (the period analyzed in the previous edition). Over the most recent decade, PPPs have accounted for 11% of total infrastructure spending, on average, up from 9% during 2011-20. The number of PPP projects has grown by more than 25% since the 2021/22 Infrascope edition. There were about 640 total PPPs financed in Latin America and the Caribbean in 2014-23 (covered in this edition), up from about 500 during 2011-20 (covered in the previous edition). The transport and renewables sectors make up the largest share of projects, at 37% and 36% respectively. PPPs are a growing priority in national agendas, especially in smaller countries. Two countries have codified new PPP policies (Belize) or procurement guidance for PPPs (Barbados) for the first time. Meanwhile, four emerging markets have implemented key PPP updates (Ecuador, Jamaica, Paraguay, and Trinidad and Tobago). Political commitment to PPPs has generally strengthened across the region, but some political obstacles are evident in El Salvador, Honduras and Nicaragua. Institutional capacity to support PPPs remains a critical and persistent challenge across the region. PPP agencies are fully operational in just half of the region’s 26 countries. Another seven have PPP units with limited functionality, jurisdiction or public activity, and six countries have no PPP unit at all. Across much of the region, the quality of staffing and training remains a concern, but several countries have taken key steps to improve this (the Dominican Republic, Ecuador and Belize, among others). Overall, project preparation capabilities are lacking in 15 countries, and project support funds are similarly uncommon. The share of tendered PPPs reaching successful financing remains below 60%. Headwinds include rising capital costs, gaps in risk management and inadequate project preparation. Across the region, less than 60% of tendered PPPs reached financial close during the past decade, a rate that has held steady since the previous edition. Elevated borrowing costs in recent years stand out as a key challenge for financing infrastructure projects, with institutional investor participation in PPPs also stagnating in recent years. Further deterrents include gaps in risk management policies and inadequate practices around project prioritization and preparation. Only a quarter of countries formally integrate lessons from completed PPPs into future projects. This gap puts the region at risk of repeating the same infrastructure mistakes again and again. To accelerate progress toward an impact-driven PPP ecosystem, countries need a disciplined approach to assessing the quality outcomes of operational infrastructure, evaluating results and lessons from completed projects, and integrating those lessons into project selection. However, most countries lack comprehensive practices in these areas. Incorporating sustainability criteria in PPP frameworks is still a major gap, with only three countries showing improvement since 2021/22. Performance across the index’s sustainability-related indicators is generally low, with only Brazil reaching an average score of 50 on these indicators, which span multiple categories. Progress also remains slow, with just three countries (Ecuador, Jamaica and Paraguay) showing improvement in this edition. Key gaps include transparency requirements, social sustainability criteria and disaster risk. In summary, this edition of the Infrascope reveals a region with marked disparities in its readiness to conduct efficient, sustainable, and impactdriven PPPs. The best-performing markets, such as Brazil, Chile and Colombia, lead in financial maturity and in developing strong regulatory frameworks and institutions. However, the region still faces a long road ahead in strengthening areas such as project preparation support, sustainability criteria, risk management, contract. monitoring and impact evaluation.

Chiffre d’affaires international 2024 des majors français de la construction

08/10/2025 • Documents FNTP • FNTP

Dans un contexte international politique tendu et de faible croissance économique, l’activité internationale des principaux groupes français de construction est, pour la 4ème année consécutive en hausse (+8,4%), pour atteindre un chiffre d’affaires de €86,7 Mds en 2024.