Importance of Contract Administration for Timely Construction of Hydropower Projects without Disputes

Authors

  • Gyanendra Prasad Kayastha Contractors in Different Hydropower Projects

DOI:

https://doi.org/10.3126/hn.v14i0.11265

Keywords:

Contract administration, Claim, Disputes, Time and cost overrun, Quality

Abstract

Most of the large hydropower projects in the region have been behind schedule than agreed in the contracts. Such delays besides project cost overrun cause direct economic loss to the countries in the form of interest costs, loss of energy revenues and loss in industrial production due to shortage of power. With delays, the Contractor finds ways for claim for additional time and cost. Such a situation may be the result of poor contract administration & management skills. Therefore, a fair and just administration of the contract is key to the successful performance of the contract on time, with respect to both budget and quality with minimum dispute events.

DOI: http://dx.doi.org/10.3126/hn.v14i0.11265

HYDRO Nepal Journal
Journal of Water, Energy and Environment
Volume: 14, 2014, January
Page: 49-51

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Author Biography

Gyanendra Prasad Kayastha, Contractors in Different Hydropower Projects

Nepal Electricity Authority

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Published

2014-10-16

How to Cite

Kayastha, G. P. (2014). Importance of Contract Administration for Timely Construction of Hydropower Projects without Disputes. Hydro Nepal: Journal of Water, Energy and Environment, 14, 49–51. https://doi.org/10.3126/hn.v14i0.11265

Issue

Vol. 14 (2014)

Section

Articles

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The views and interpretation in this journal are those of author(s), and HYDRO Nepal does not bear any responsibility for the views expressed by authors in the journal.