Name
Session 4: Impact of tariffs and financing suspension on development projects
Description
This session will explore the multifaceted effects of tariff regimes and financing suspensions on construction projects - particularly those linked to USAID and Millennium Challenge Corporation (MCC) funded projects based on FIDIC forms. The discussion will center on the legal and contractual challenges arising from such events, with a focus on mitigation strategies and practical management approaches under existing FIDIC forms.
Key Topics:
- Managing the impact of fluctuating tariff policies on project delivery
- Direct and indirect impacts of project financing suspensions by USAID/MCC.
- Legal and contractual implications, including the applicability of force majeure clauses and specific provisions applicable to suspension cases, such as Sub- Clause 8.11.
Speakers
Nicholas Gould - FENWICK ELLIOTT LLP
Denis Serkin - Peckar & Abramson
Shan Greer - Arbitra International
Marion Smith KC - 39 Essex Chambers
Denis Serkin - Peckar & Abramson
Shan Greer - Arbitra International
Marion Smith KC - 39 Essex Chambers
Date
Tuesday, December 2, 2025
Time
3:05 PM - 4:15 PM (GMT)
Session Currently Live