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Third party inspection in infrastructure and accreditation

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“International Summit PPP <strong>in</strong> Road<br />

Delhi, 16 February 2012<br />

Contractors’ qualification: benefits<br />

The <strong>in</strong>ternational regulatory frameworks for govern<strong>in</strong>g the contractors<br />

qualification achieve the follow<strong>in</strong>g benefits:<br />

� to facilitate (but not replace) tender assignment<br />

� to reduce risks of unexpected over costs due to contractors capability<br />

� to prevent <strong>and</strong> reduce litigation risks <strong>and</strong> costs related to claims <strong>and</strong><br />

appeals<br />

� to reduce risks of delays aga<strong>in</strong>st the scheduled time

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