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Project finance — Checklist for construction contract review
| Introductory note: | ||
| The purpose of a construction contract is to: | ||
| • | allocate construction risk to the party best placed to bear it, that is, the construction contractor; | |
| • | agree a timetable for construction of the project; and | |
| • | manage construction costs. | |
| This checklist is a good starting point for key issues that should be addressed by the provisions in a construction contract. | ||
