Suspension Cost and Claims Management for Industrial Project, Western Gujarat
Project Overview
Eka Infra Consultants provided contractual and claims advisory services in relation to suspension of works for an industrial project in Western Gujarat.
The assignment involved advisory support following suspension of site activities, including preparation and assessment of suspension-related costs, contractual correspondence, and evaluation of options for contract continuation or termination. Services also covered matters related to Extension of Time (EOT), standing costs, and financial securities during the suspension period.
Scope of Services
- Advisory support on interim response to suspension of works
- Preparation and evaluation of suspension cost assessments under different scenarios, including hired equipment and standing charges
- Development of suspension cost methodology for claim submissions
- Preparation of suspension and EOT-related claims and supporting documentation
- Review and preparation of responses to comments on suspension-related claims
- Advisory support on treatment of Performance and Advance Bank Guarantees during the suspension period
- Contract review to assess options related to project continuation, settlement, or termination
Outcome
The assignment supported management of contractual and cost-related matters arising from suspension of works, including preparation of suspension cost claims and related correspondence. Eka Infra also provided advisory inputs on contractual options during the suspension period and protection of contractual entitlements.
