International Best Practice In Project And Construction Agreements

Position Paper on Liquid Damages – Power-Projects Exclusive Remedies, Lump Sum Damages and Other Principles of Construction Law We also have experience in various construction contracts, such as FIDIC, as well as tailor-made construction and support agreements and regularly advise our clients on complex rules in dispute resolution and international arbitration. As we understand the potential pitfalls that clients may face when designing international construction contracts, we work to address these issues in order to protect our clients` interests. The sub-committee responsible for the execution of the project focuses on the implementation, management, payment, planning (programming) and completion of a construction project, especially when it comes to variations (modifications), delays, disruptions, suspension, force majeure, acceleration, laws, regulations, exchange rates and sovereign acts. We advise our construction clients on day-to-day issues arising in the context of ongoing projects in jurisdictions around the world, from contractual to strategic issues. We are also familiar with the issues and disputes that regularly arise in the context of complex international construction projects and are well positioned to offer our clients tailor-made and inexpensive solutions to keep their projects on track. The „Project Launch“ sub-committee focuses on the period leading up to the conclusion of the contract. The subcommittee examines the contract forms used by engineers, architects, owners and contractors in different legal systems, focusing mainly on the different FIDIC forms as an international standard form. Several contractual concepts or systems, such as. B PPPs, are also covered by their activities, as well as the regulatory aspects of the construction sector (construction rules, etc.), public procurement rules and corruption issues related to the award of works contracts.

The identification, allocation and management of risks are issues that pension funds must address if they wish to participate successfully in infrastructure investments during the implementation and implementation phase of De Greenfield projects. This good practice guide aims to provide superannuation funds with a number of guidelines for the identification, attribution and management of these risks, both from a legal and commercial point of view. This best practice guide is also a useful tool for experienced infrastructure funds, governments, developers and lenders investing in infrastructure. It contains detailed position papers on the risks related to Greenfield in terms of time, costs and, in our opinion, the critical risk in each project – underperformance. . . .

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