When is non-compliance compliance?

When is non-compliance compliance?

The practice of construction contractors providing employers or clients with performance security has become common in the construction industry, which is typically an unconditional, on-demand guarantee bond, provided by a bank or insurer (guarantor) who undertakes to...
Lessons learned…

Lessons learned…

Split contractual structures are commonly used in cross-border EPC contracts where it is financially advantageous to do so. Under split contracts, the scope is divided into two separate contracts: an onshore and an offshore contract. The parties also usually conclude...