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Turnkey Contracts and Substituted Performance

LexForti

39] This risk is exacerbated by the fact that typically, ‘defect liability periods’ in turnkey contracts begin from the time that a contractor has completed a certain portion of the work, such as from when they attain a Provisional Certificate from the client. [40] Challenges of Financing. 9] NITI Aayog Model Contract (n 2) xvi. [10]