Aradhana Bhansali, Partner-Rajani, Singhania and Partners gives us an insight into dispute resolution in FIDIC-based PPP contracts.A JV operated through the partnership of government and private sector to carry out public service or a public project
While issues related to banking and financing, claims and contracts continue to discourage contractors, CW highlights problem areas and offers 16 concrete solutions that will help resolve issues and make the construction sector a success.
2016 promises to be remembered as the year of demonetisation. Certainly, the initiative has slowed project execution and the growth momentum. Contractors have been busy, making arrangements on site to open bank accounts for workers and switching to online payments for petty supplies. Want of upfront cash has also slowed down the movement of goods.