The upshot of a recent challenge to public contract awards is that they could become more likely in the future. As a result, contractors, funders and their advisers are being more cautious (therefore stalling contractual negotiation and jeopardising projects) and parties are increasingly exploring the option of public procurement indemnity insurance to mitigate the risks. The recent ruling has made the realm of public contracts more risky for contractors, says Building.com – read more here.

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