TREO’s client was an international Joint Venture consortium bidding on a £350m PFI road widening scheme in the UK. The contract documentation was substantial and incredibly complex (MIM).
TREO’s client had no experience in dealing with the level of risk and complexity involved in such a scheme under UK jurisdiction and required assistance in identifying and explaining the risk and probability of occurrence.
The tender period was short; the damages associated with time and performance failures were complex and significant, and numerous revised iterations were issued by the client, which created further layers of confusion for all.
TREO seconded one of its directors on to the commission who emersed himself in the detail and was able to successfully advise and explain the risk by reference to real-life situations so that the Client and its legal team were able to assess the risks and/or propose alternative terms.
TREO is a professional consultancy providing specialist commercial management, project controls, claims management, delay analysis and dispute resolution services to the UK and international engineering and construction industry.
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