Contractor´s liability act in wind farm projects
Finnish Procurement Lawyers Attorneys Ltd. attended Vaasa Wind & Solar 2015.
Marita Tapola gave a presentation regarding Contractor´s liability act in wind farm projects. What are the requirements the buyer should take into consideration?
What is a real pitfall in commercial contract? Traditional point of view to look at the pitfalls is to give general instructions such as “all the parts of the contract must be clearly written” or “do not agree on a law that you are not familiar with”. These are by all means good instructions.
In practice, a real pitfall may occur if a company does not know the foreign environment and its legislation. For example, if the buyer fails to fulfil the requirements regarding Contractor´s liability act, it may cause even 65.000 euros fine.
Finnish Procurement Lawyers Attorneys Ltd. assists its clients in all key areas of law regarding wind farm projects such as M&A, construction, financing and project agreements.
For further information, please contact Ms. Marita Tapola:
Tel. +358 44 5566 333