BROADCAST 2: Payment to sub-contractors directly


It’s partly allowed for the client to directly pay the sub-contractor, if the main contractor is not doing their duty properly, says Ali Haydar Ozak, Abu Dhabi area director at TAV Construction. One of the major issues in the construction industry in the Middle East is the strictness of contracts, especially when talking about on-demand bonds. There can be project bonds; there shouldn’t be on-demand bonds. On-demand bonds increase the stress level of the project. Source: Mashreq Live Broadcast 

28 February, 2018 | MEED