Time-barring Provisions in Construction Contracts

Anna Jermak

The recent introduction of time-barring provisions into construction contracts caused tremendous controversies and were subject to different interpretations, usually contradictory, even within the same legal system.  Arbitration tribunals construed the provisions differently and thus issued awards based on different contradictory interpretations of the provisions with the effect that the parties to a contract may not be able to assess their risks when negotiating extension of time and/or monetary claims, more importantly when deciding to refer disputes to arbitration. This event delves into the debate and controversies that arise from the application of time bar clauses. Don’t miss it. Date: Tuesday 30 March, 6.30pm Cairo-Paris Register here.