{"product_id":"9781902375335","title":"Pfi And Construction Contracts","description":"Summary:\u003cbr\u003eThis book examines contracts in the construction industry in relation to the Private Finance Initiative (PFI), such as what distinguishes construction in a PFI environment from a traditional contract. The author analyses the key elements of the construction sub-contract and interface between contractor and operator. The author, David Hickman, is a Partner with a leading international law firm and has worked on many PFI projects.\u003cp\u003eContents:\u003cbr\u003eConstruction issues on PFI projects: output specification, project company's solution, design and construction standards, warranties, government regulations, timescales, lifecycle costs, interface between construction\/operational phase, design development, performance payment system.\u003cbr\u003eFlow down of risks to subcontracts: how risk is flowed down, termination risk, termination issues for the construction subcontractor, warranties, bonds and guarantees.\u003cbr\u003eUse and adaptation of standard forms for the construction subcontract: a standard form (JCT 81 or 98), preparation of the contract where a standard form is being adapted, bespoke contracts.\u003cbr\u003eNegotiating key elements of construction subcontract: scope of works, liability level, compensation events and relief events, extensions of time, liquidated damages, payments, variations, certification\/completion, independent certifier.\u003cbr\u003eCollateral agreements.\u003cbr\u003eInterface between contractor\/operator.\u003cbr\u003eFinance\/funding: debt finance, subordinated debt, equity, bond finance, key funding issues, the financial model, banks and risk.\u003cbr\u003eInsurance: insurance and risk allocation, insurances required by the construction company, who effects these, levels and breadth of insurance, banks and insurance, authority issues, what the construction company must do.\u003cbr\u003ePost contract-construction phase problems: variations during construction, disputes, DRP at subcontract level, overruns\/extensions of time.\u003cbr\u003eFuture developments. \u003cbr\u003eAppendices: Treasury Taskforce Guidance.wordings. Sample risk matrix.\u003c\/p\u003e","brand":"Biohealthcare Publishing (Oxford) Ltd","offers":[{"title":"Default Title","offer_id":47061979562224,"sku":"9781902375335","price":95.0,"currency_code":"USD","in_stock":false}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0737\/7593\/9824\/files\/9781902375335_p0.jpg?v=1763612577","url":"https:\/\/shop-qa.barnesandnoble.com\/products\/9781902375335","provider":"Barnes \u0026 Noble (DEV)","version":"1.0","type":"link"}