The author is an auomey with the firm of Wickwire Gavin, P. C., which has offices in Washington, D. C. , and is an affiliate member of FIDIC. He served on the FIDIC Orange Book Task Force which authored the Design-Build Conditions launched in January 1995. This article is a revised and updated version of a presentation to the World Conference on Construction Risk in Paris. It is also appearing in the International Construction Law Review, published in the United Kingdom.