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When plans fall apart – what next? Managing Substituted Performance in Construction Projects
Construction Projects do not always go as planned. Substitute performance arises when a party fails to fulfil its contractual obligations, requiring another to step in to complete the work. This mechanism is crucial in construction projects, where delays or defects can disrupt progress. However, it raises complex legal and practical questions, including contractual rights, cost recovery, and liability. Understanding how to navigate substitute performance is essential for advising clients and mitigating risks.
Partner Flavio Peter will speak at this informal, interactive roundtable discussion, organised by the ASA – Swiss Arbitration Association Construction Group, exploring the realities of getting things back on track when original plans fail – rights, risks, and recoveries included.