Impact of Force Majeure On Construction Contracts

April 30, 2020

Indian Infrastructure hosted a webinar on Thursday, April 30, 2020, which provided an understanding of the force majeure clause in light of the contractual disruptions, discuss the potential safeguards and strategies, and examine the need for long-term contract renegotiations.

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The webinar featured:

Rajesh Banga, Arbitrator, Ministry of Housing & Urban Affairs

A.K. Gupta, Executive Director, Operations, Afcons 

Puran Kumar, Head – Contract Management, L&T

Ajay Mishra, President, Contract and Claim Management, Dilip Buildcon

Sanjoy Mukherjee, Executive Director, Projects, Engineers India Limited

L.P. Padhy, CGM, NHAI

The panel deliberated on questions such as:

  • What will be the impact of invoking force majeure on construction contracts across infrastructure sectors?
  • What are the contractual provisions covered by the clause?
  • What will be the process of renegotiation?
  • What are the measures being put in place to handle disputes arising out of such renegotiations?

 

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