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About us Members Positions Issue April 2017
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Dear Reader,

Preparations for the upcoming EIC Spring Conference in Copenhagen on 20-21 April 2017 are well underway. While the online registration for the workshop remains open please take note that the conference hotel, the gala dinner location as well as the post-conference event are now fully booked.

Sincerely,
Your EIC Team

Headlines
EIC takes part in FIDIC's Central European Regional Infrastructure Conference 

EIC participated on 9-10 March 2017 in the Regional Infrastructure Conference titled “The Road to Smart Infrastructure” jointly organised by FIDIC, EFCA and ACES. Read more...


News from Bruessels
EU Workshop on New Models of Private Sector Participation in Development Finance

The EU Commission has launched in February a public consultation on External Financing Instruments of the European Union which is open for comments until 3 May 2017.  Read more...


Multilateral & International Issues
OECD Global Forum on Development

On 5 April 2017, EIC attended the OECD Global Forum on Development in Paris, which focused on the private sector contribution to reach the Sustainable Development Goals (SDGs). Read more...

Source Software developed by the Sustainable Infrastructure Foundation (SIF)

The Sustainable Infrastructure Foundation (SIF) is currently consulting various stakeholders for the development of its Source Software. Read more...

 

Brief Notices

EIC Spring Conference on 20-21 April 2017: Sustainable Solutions for Urban Areas 

EIC and its Danish Member Federation are hosting the Spring Conference 2017 in Copenhagen with a workshop on:  Sustainable Solutions for Urban Areas – Business Opportunities for European Contractors in the Light of the Sustainable Development Goals. Read more...

European Development Days on 7-8 June 2017 in Brussels

Registrations for the European Development Days on 7-8 June 2017 in Brussels have opened. The event will focus this year on sustainable investment, partnering with the private sector and migration and mobility. Registration are closing on 20 May 2017. Read more...

 
Headlines

EIC takes part in FIDIC's Central European Regional Infrastructure Conference

Belgrade   EIC participated on 9-10 March 2017 in Belgrade in the Regional Infrastructure Conference titled “The Road to Smart Infrastructure” jointly organised by FIDIC, EFCA and ACES.

EIC Presentation on the new EU PRAG Design-Build form

In the context of the conference, the Chairman of the EIC Working Group “Contract Conditions”, Mathias Fabich, held a presentation in which he compared the new EU Design-Build form, published in January 2017 as a PRAG Annex, with the FIDIC 1999 “Yellow Book”. Based on a comparison of the most important contractual issues, such as Contractor’s design responsibility, Risk Allocation and Dispute Settlement, EIC concludes that the EU standard form is not acceptable in its current form.

2017 Updates of the FIDIC standard forms of contract

EIC also reiterated during the conference its critical comments with regard to the planned update of the FIDIC 1999 suite of contracts. It was agreed that the FIDIC President-elect, Mr. Alain Bentéjac, meets with the EIC Board in the context of the upcoming EIC Conference in Copenhagen in order to discuss if and how the critical issues jointly raised by the European, Korean and Japanese international contractors’ associations and by CICA could be addressed in the update versions.

Links:
Presentation of the Chairman of the EIC Working Group “Contract Conditions”

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News from Bruessels

EU Workshop on New Models of Private Sector Participation in Development Finance 

Brussels   The EU Commission has launched in February a public consultation on External Financing Instruments of the European Union which is open for comments until 3 May 2017.

Aim of the consultation

This consultation includes questions related to all types of External Financing Instruments (EFI) which provide support to third countries and it is structured into two parts: Whereas the first part invites participants’ feedback on past experiences with the existing External Financing Instruments of the EU, the second part requests participants’ recommendations on the future arrangement for the External Financing Instruments post-2020.

Lessons Learned from the 11th European Development Fund

The EIC response to this consultation will mainly focus on the lessons learned from the 11th European Development Fund (EDF) and address the subsequent EU DEVCO disengagement from the transport sector. EIC will also use this opportunity to recall the benefits of its “Blending 2.0” concept for non-commercially viable infrastructure projects.  

Links:

Website for the Consultation

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Multilateral & International Issues

OECD Global Forum on Development 

Paris   On 5 April 2017, EIC attended the OECD Global Forum on Development in Paris, which focused on the private sector contribution to reach the Sustainable Development Goals (SDGs).

Clear call to foster a “co-operation culture” with the private sector

Representatives of the OECD, the United Nations and Multilateral Development Banks felt that the capital required to reach the SDGs targets is generally available but that the right financing instruments to unlock this capital were still missing. In this context, institutions’ representatives called to foster a new culture of co-operation between International institutions, Development Financing Institutions and the private sector.

OECD officials explained that, in future, the Official Development Aid (ODA) shall be systematically used in a catalytic way and that blended finance shall be re-targeted towards low-level income countries in order to trigger investments in infrastructure. However, private sector representatives felt that market incentives for reaching the SDGs were lacking and that recipient countries should engage into more investment-friendly regulatory frameworks.

Insight into the 2016 OECD ODA figures

During the Forum, the OECD announced that the 2016 Official Development Aid figures slightly increased in amount in comparison to 2015. Most of this ODA was spent in middle- and high-income level countries. Only six OECD countries met the 0.7% target. Official figures have been released on 11 April 2017.

Links:

OECD: 2017 Global Forum on Development
OECD: Development Aid

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Multilateral & International Issues

Source Software developed by the Sustainable Infrastructure Foundation (SIF)

Geneva   The Sustainable Infrastructure Foundation (SIF) is currently consulting various stakeholders for the development of its Source Software.

A global instrument for well-prepared projects

Source today is a global software supported by major Multilateral Development Banks and Development Financing Institutions. In practice, it is a project preparation tool that aims at supporting Governments in the very early stages of the development of their infrastructure projects as well as to inform contractors, investors and lenders on technical, economic, financial, etc. aspects of infrastructure projects before the tendering process begins.

Source is now being recognised as a global standard for the development of well-prepared, sustainable and climate resilient infrastructure projects and aims at becoming the sole medium for global standard infrastructure project preparation and a source of well-prepared projects.

Call for comments to review the proposed templates

The software provides information that shall help contractors to assess the quality and the preparation of projects in order to save time and reduce transaction costs. Therefore, the software is interactive (between governments and the private sector) and it is possible to interact with the project by submitting anonymous comments. SIF is currently consulting various stakeholders for the further development of the Source. If you are interested in reviewing those templates, please contact the EIC Secretariat.

Links:
SIF Website

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Picture Credits: piccaya / fotolia.com

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