Construction and Projects in Chile: overview | Practical Law

Construction and Projects in Chile: overview | Practical Law

A Q&A guide to construction and projects law in Chile.

Construction and Projects in Chile: overview

Practical Law Country Q&A 9-505-9255 (Approx. 19 pages)

Construction and Projects in Chile: overview

by Rafael Vergara, Oscar Aitken, Juan Francisco Mackenna, Juan Pablo Stitchkin, Eduardo Morandé and Martín Pérez-Cotapos, Carey
Law stated as at 01 Jun 2021Chile
A Q&A guide to construction and projects law in Chile.
The Q&A gives a high level overview of the main trends and significant deals; procurement arrangements; transaction structures and corporate vehicles; financing projects; security and contractual protections that funders require; standard forms of contracts; risk allocation; excluding liability, including caps and force majeure; contractual provisions covering material delays and variations; appointing and paying contractors; subcontractors; licences and consents; projects insurance; employment laws; health and safety; environmental issues; corrupt business practices and bribery; bankruptcy/insolvency; public private partnerships (PPPs); dispute resolution; tax and mitigating tax liability; and proposals for reform.