Zasady transferu i przejmowania ryzyka w realizacji inwestycji infrastrukturalnych
Rules for risk transfer and acceptance in infrastructure investments

Summary/Abstract: Risk is one of the most important factors influencing infrastructure investment project success or failure. The key to proper risk management in infrastructure project is risk allocation in accordance to the principle that best fitted the party which accepts it. Standard FIDIC contract rules deal efficiently with the division of construction related risk, however, in infrastructure project there are many other risks beyond FIDIC scope. It is argued in the article that the risk should be also accounted for and a proper method of its allocation ought to be devised at the time the contract is signed. The parties of the contract should always transfer the risk on the optimal results basis. In the next part of the paper there is a careful analysis of different risk factors and the discussion on the assessment of suitability of their transfer to different parties in the contract.

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