/ International Conference in Santiago: how to improve contractual practices in relevant projects

3 August, 2018

Alessandri and Turner & Townsend opened a debate on how to improve contractual practices in relevant projects

The focus was on the need for sustainable projects with better contracts.

Santiago, August 2nd, 2018. Good level contracts that contain an adequate balance of risks to avoid high subsequent costs and generate sustainable construction were the main ideas that defined the International Conference of Sustainable Projects, Smart Projects: Risk Management and Innovation, which was held this morning in the halls of the new building of the Chilean Chamber of Construction.

Organized by Alessandri and Turner & Townsend, the seminary generated an interesting debate about risk in the construction of big projects. “The modernization in the field of construction represents a necessity to increase the sustainability and productivity of the construction sector,” said Juan Pablo Halpern, partner at Alessandri and recognized expert lawyer in construction law.

The first panel started with an exposition on the reasonable and appropriate allocation of risk in the construction of projects whose exhibitors were Nicolai Bakovic, of Codelco; Rodrigo Hernández of Mainstream and Tim Walsh, partner of the English office Norton Rose Fulbright. Then, other topics were presented like the risks and controversies during the management, and the need for projects aimed at sustainable development.

In the second panel, lawyer Sofía Parra, partner of Pinsent Masons legal office in Madrid, commented that the problems within the industry are the same everywhere since “the parties involved in a construction project are divided and adopt in many cases a litigious attitude, instead of joining forces”. On this subject, Juan Carlos León, General Manager of Technology Development Corporation (CDT), said that despite the complexities of these projects “today we can count on management and collaboration tools that allow us to solve them and even more, prevent them”.

This Conference, that according to the director of Turner & Townsend, Julio Iturriaga, is relevant to “share local and global experiences, lessons learned and best practices of each of the panelists”, was sponsored by CORFO, SONAMI, CESCO, ACERA, Construye2025 and CPI, and ended with a debate between Alejandra Wood, executive director of CESCO, and Maria Gracia Cariola, Sacyr Chile’s Counselor, who spoke about improvements in the planning of the entire chain of projects aimed at sustainable development. Alejandra Wood commented that millions of dollars have been invested in public-private collaboration projects in which all the actors of the ecosystem participate.

The conference was attended by important national and international figures, such as the President of the Chilean Bar Association, Arturo Alessandri, that opened the event along with the Director of Diario Financiero Marily Lüders, and Mark Wainwright of Global Natural Resources Managing.

Presentations, photos and program in: