International joint venture construction projects involve complex payment processes that require careful attention to security measures. In this article, we will explore the challenges in payment security, risk mitigation strategies, and best practices for secure transactions in such projects. Key Takeaways Understanding the legal framework of payment security is crucial…
Day: February 13, 2024
Debt Recovery
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How to Approach Non-Payment in Public Infrastructure Projects
Non-payment issues in public infrastructure projects can pose significant challenges to contractors, impact project timelines, and lead to legal ramifications. Addressing these issues requires strategic approaches and collaborative efforts. This article explores strategies for dealing with non-payment and emphasizes the importance of proactive measures to ensure successful project outcomes. Key…