CONSTRUCTION AND PROJECTS IN SOUTH AFRICA: OVERVIEW 2016

By Tumisang Mongae,Claire Tucker Saturday, October 01, 2016
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The Q&A gives a high level overview of the:

  • main trends and significant deals
  • procurement arrangements
  • transaction structures and corporate vehicles
  • financing projects
  • security and contractual protections that funders require
  • standard forms of contracts
  • risk allocation
  • excluding liability
  • including caps and force majeure
  • contractual provisions covering material delays and variations
  • appointing and paying contractors
  • subcontractors
  • licences and consents
  • projects insurance
  • employment laws
  • health and safety
  • environmental issues
  • corrupt business practices and bribery
  • bankruptcy/insolvency
  • public private partnerships (PPPs)
  • dispute resolution
  • tax and mitigating tax liability, and
  • proposals for reform.
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