Troy Edwards and Peter Tolson | A&O Shearman In the construction industry, the choice of procurement approach is a critical decision that shapes project risk allocation, financing structures, equity support requirements, and practical execution considerations. Lenders and investors closely scrutinize contract terms to assess the bankability of a project, as the allocation of risk between… Continue reading Cost Reimbursable vs. Lump Sum Turnkey Construction Contracts: the Many Routes to Bankability