<span style="color: #222222;">A virtual workshop on "Contract Management during Emergency situations" was organized by World Bank in collaboration with AIMA (All India Management Association) for Project Management Unit of Jhelum Tawi Flood Recovery Project which is implementing USD 250 Million Flood Recovery Project funded by World Bank in the union territory of J&amp;K. </span><br />'' <br />'' <span style="color: #222222;">AIR Correspondent reports that the objective of the workshop was to educate participants about the likely adverse impact of COVID-19 pandemic on the implementation of the bank funded projects, its possible implications on contract management and to equip them with the various mitigations measures. </span><br />'' <br />'' <span style="color: #222222;">Legal expert briefed participants about various provisions in Indian legal system for interpreting contractual provisions including force majeure in emergencies and dwelt at length on the provisions provided under sections' 32 &amp; 56 of Indian Contract Act, 1872.</span><br />'' <br />'' <span style="color: #222222;">Contract management expert delved at length on the affects of COVID-19 on the construction sector and likely claims to be made by the contractors due to the COVID-19 and the lockdown.</span><br />'' &nbsp;
News On AIR | April 24, 2020 6:02 PM
World Bank in collab with AIMA organises virtual workshop on "Contract Management during Emergency situations"