Milestones - November 2013

Projects, Construction & Infrastructure eBulletin - 13 November 2013

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Welcome to the first edition of Milestones, a publication by Lander & Rogers' Projects, Construction & Infrastructure team, which will provide commentary on topical legal issues and developments affecting your business and the construction, infrastructure and projects industry in Australia.

Download a PDF of Milestones - November 2013 (1 MB)

 

In this edition...

Infrastructure investment by takeout pre-commitment

pic 1 In an earlier edition of Milestones, we argued for the policy and marketplace change needed to make investment in domestic infrastructure more attractive to Australian superannuation funds. Since then, there has been considerable discussion in the marketplace about new funding models for private sector participation in domestic infrastructure investment. 

In this article, we propose a procurement model which would significantly de-risk superannuation fund (and other) investment in greenfield infrastructure projects.

 

Mandatory "Principal Arranged Insurance" for major capital works projects in NSW

Pic 2 In an earlier edition of Milestones, we argued for the policy and marketplace change needed to make investment in domestic infrastructure more attractive to Australian superannuation funds. Since then, there has been considerable discussion in the marketplace about new funding models for private sector participation in domestic infrastructure investment. 

In this article, we propose a procurement model which would significantly de-risk superannuation fund (and other) investment in greenfield infrastructure projects.

 

Directors' liability and the environment: Business as usual? 

Pic 3 In 2013, significant changes were made to the liability regime arising from reform led by the Council of Australian Governments (COAG). Industry commentary largely responded by hailing those changes as good news for business. However, whilst the changes generally reduce the number of liability provisions, the reality is that directors’ liability for many environmental offences remains as prominent and onerous as ever.

In this article we review some of the significant changes to the director liability regime of 2013 and consider how directors and managers can protect themselves and minimise their exposure to liability.

 

 

All information on this site is of a general nature only and is not intended to be relied upon as, nor to be a substitute for, specific legal professional advice. No responsibility for the loss occasioned to any person acting on or refraining from action as a result of any material published can be accepted.