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Clifford Chance

Clifford Chance


Two Stage Contracts

16 May 2018

The recent (but now rapidly reversing) surge in demand in the major project construction market revived interest in two-stage contract structures. They have been in growing use or contemplation in various sectors, notably oil and gas, petrochemicals and energy. Such structures have also been commonplace for some time in the UK real estate development market, albeit in simplified form.

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