Overview

On 14 October 2011, the Russian Government promulgated 'On approving the Rules for deactivating a capital construction facility'. The Rules establish a procedure for deactivating a capital construction facility, and contain particular features concerning facilities which are in federal ownership. The Rules are the single regulatory act that governs the deactivation of capital construction facilities. The key new aspects in the Rules are:

1) there is a definition of what deactivation entails: it is bringing a facility and construction site into a state which ensures that construction, equipment and materials are durable, stable and safe, as well as keeping the facility and construction site safe for the public and the environment;

2) it regulates in detail the order of actions of a developer (construction manager) and contractor after a decision is taken to deactivate the facility.

In this briefing, Pepeliaev study the new law in detail and outline what the new rule means for developers, construction managers and contractors.

Click 'View Briefing' to read on.