2 October 2017
Nuclear power plant (NPP) construction is a complex and capital-intensive undertaking and its history is unfortunately littered with prominent examples of major delays, cost overruns, disputes and abandoned schemes. Reasons for this vary from changes in cross-border and national political policies, affordability concerns and technology and safety-related issues as well as more simply the scale and complexity of construction.
In light of these challenges, this paper considers some of the key issues relating to procurement and construction contracts in the emerging new NPP market.
New nuclear build: Mega-construction comes of age (with mega-project issues)