Case Studies: Ionia Odos Motorway - Revision history

Ikarousos at 23:07, 14 June 2015

2015-06-14T23:07:12Z

2015-06-14T23:06:46Z

2015-06-14T23:02:50Z

‎Risk Allocation

@@ Line 26: / Line 26: @@
    | label5= Contract ratification:
    | data5 = 16 Apr 2007 (Law 3555/2007)
-   | label6= Works halt/commencement of contract renegotiations:
+   | label6= Works halt/ commencement of contract renegotiations:
    | data6 = Spring 2010
    | label7= Announcement of agreement on basic renegotiation terms:

@@ Line 17: / Line 17: @@
    | child = yes
    | label1= Studies initiation:
-   | data1 = prior to 1998;
+   | data1 = prior to 1998
    | label2= Call for Tender:
-   | data2 = 2001;
+   | data2 = 2001
    | label3= Contract Approved:
-   | data3 = 19 Dec 2006;
+   | data3 = 19 Dec 2006
    | label4= Financial Close:
-   | data4 = 19 Dec 2007;
+   | data4 = 19 Dec 2007
    | label5= Contract ratification:
-   | data5 = 16 Apr 2007 (Law 3555/2007);
+   | data5 = 16 Apr 2007 (Law 3555/2007)
    | label6= Works halt/commencement of contract renegotiations:
-   | data6 = Spring 2010;
+   | data6 = Spring 2010
    | label7= Announcement of agreement on basic renegotiation terms:
-   | data7 = 12 Apr 2013;
+   | data7 = 12 Apr 2013
    | label8= Revised contract ratification:
-   | data8 = 11 Dec 2013 (Law 4219/2013);
+   | data8 = 11 Dec 2013 (Law 4219/2013)
 }}
 }}

← Older revision		Revision as of 23:02, 14 June 2015
Line 133:		Line 133:

	Land Acquisition risk was also a major point of argument during renegotiation, as land acquisition has caused major delays in the project’s progress since start of works. This is mainly attributed to unrealistic expectations by the State for the time needed to acquire the required land. Delays in land acquisition, as well as archaeological findings and environmental claims, have been a main source of claims against the State in the project so far. It needs to be noted that environmental claims have also caused works to stop in key project areas.		Land Acquisition risk was also a major point of argument during renegotiation, as land acquisition has caused major delays in the project’s progress since start of works. This is mainly attributed to unrealistic expectations by the State for the time needed to acquire the required land. Delays in land acquisition, as well as archaeological findings and environmental claims, have been a main source of claims against the State in the project so far. It needs to be noted that environmental claims have also caused works to stop in key project areas.
		+
	Risk is allocated as depicted in figure 2.		Risk is allocated as depicted in figure 2.