Legafin Advocates vetted a civil works tender to be issued by the Central Warehousing Corporation, structured on CPWD-type General Conditions of Contract. The review addressed contractual risk allocation, the hierarchy of documents, performance guarantee and security deposit exposure, the extension-of-time regime, the calibration of delay compensation and liquidated damages, the measurement and certification of works, payment procedures, and final-bill claim-waiver clauses.
Legafin Advocates reviewed and advised on a quasi-tender issued by IRCTC for the grant of commercial and operational rights, with particular attention to bidder eligibility and qualification criteria, bid security and performance obligations, licence and revenue terms, termination and blacklisting exposure, and the broader allocation of risk in public procurement.
Legafin Advocates advised on constructive and instructive acceleration claims advanced in DAB proceedings under a FIDIC Yellow Book contract on the Golden Quadrilateral Project Package, including input on the underlying forensic and quantum report.