Market volatility - renegotiating lump sums in construction contracts
Lump sum contracting, particularly on multi-year, complex projects, is inherently risky for contractors. The potential for profitability...
Lump sum contracting, particularly on multi-year, complex projects, is inherently risky for contractors. The potential for profitability...
Saudi Arabia is introducing major reforms to its legal system as part of Vision 2030. This includes modernising areas of commercial law...
After two decades of relative stability of input cost for labour and materials, a perfect storm of events (including COVID-19, global...
Bank guarantees are an essential feature, and key form of security, in construction contracts. At different stages of the project...
Climate change is at the forefront of the international political agenda and decarbonisation of the energy sector has become crucial. The...
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