The Legal 500
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Recipes for disaster, how risk allocation is a determining factor in a successful project

15 July 2020, 1.00pm BST

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Recipes for disaster, how risk allocation is a determining factor in a successful project

Overview

Based on a case study, this session will focus on issues that affect the success of a large, infrastructural project. Is an integrated contract still the most favourable form of contract for such projects, or are more traditional forms of contract, alliancing contracts or other ways of cooperation better solutions for a successful delivery of a project?

Furthermore, the session will focus on other factors that may affect a successful execution of a project, such as the way procurement procedures are structured, how risks could be allocated, and how penalties or rewards could be dealt with.