Drawing up a BOT contract

Article Abstract:

A well-planned construction agreement is important when dealing with an infrastructure project under the Build-Own-Transfer model. Experts contend that a realistic schedule, penalty clauses, allocation of costs in case of outside delay, and the standard of quality should be considered. Other factors such as safety, environmental considerations, materials, and the construction phase should also be included in the construction agreement.

Infrastructure (Economics), Planning

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Their Eyes Glaze Over

Article Abstract:

Several cultural building projects are underway in Paris, supervised by President Mitterrand. The Louvre is being enlarged. Mitterrand approved a controversial design for a large glass pyramid in the courtyard of the Louvre. Futuristic designs have been selected for the other buildings. Budget cuts may slow construction on the projects, targeted for completion by the end of the decade.

Laws, regulations and rules, France, National government, Architecture, Federal government

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Self-Slaughter

Article Abstract:

British Shipbuilders lost an important oil-rig building contract from Britoil because of undue delays. Workers refused to reform outmoded work practices. Management refused to renegotiate the contract.

Product information, Shipping industry

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