International Financial Institutions Committee (IFIC)​

The FIDIC International Financial Institutions Committee (IFIC) (“the Committee”) is a working committee of FIDIC appointed by the FIDIC Board, whose primary functions are to:

• Work with International Financing Institutions (IFIs) and related organisations in the development of policies, guidelines and processes to improve financial management, procurement and enable implementation of innovations and best practice.
• Monitor changes in priorities of IFI and identify relevant topics to which FIDIC should contribute or address as a strategic priority.
• Work with IFI’s to improve the business environment for engineering services to IFI funded work to enable it to contribute to Sustainable Development Goals.
• Develop and promote FIDIC contracts, training, advocacy documents and position statements relevant to the international aid market.
• Advise the FIDIC Board and Secretariat on all aspects of International Financial Institutions and Multilateral Development Banks as they relate to the Consulting Engineering industry.

Terms of Reference (ToR)