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Construction Law and Energy
Our successful practice in the field of construction law and infrastructure is at the core of our activity.
We are one of the very few law firms in Bulgaria with considerable experience in advising foreign companies implementing construction projects under FIDIC conditions of contract. The most important problems faced by contractors in Bulgaria are related to the specific requirements of Bulgarian construction law which often are in contradiction with FIDIC conditions of contract.
Our range of legal services includes, but not exclusively: consulting during the tender procedure, during the construction process - compatibility of the FIDIC’s rules with the Bulgarian construction law, differentiation of the respective obligations of the Employer, Contractor and Engineer, managing claims for extension of time and additional costs under the FIDIC rules, legal advices regarding composition and procedures before the Dispute Adjudication Board and consultation upon issuance of the Taking-Over Certificate.
Our experience in the field of construction law covers:
- We are rendering ongoing legal advice to a foreign company on its operation as a contractor under yellow FIDIC conditions of contract in a EUR 100 million project;
- We advise and provide ongoing legal opinion to a foreign company implementing rehabilitation of a biggest thermal power plant in Bulgaria (EUR 226 million);
- We advise a foreign company on the requirements of Law of Spatial Planning in a EUR 62 million project under red FIDIC book;
- We provide legal services to a construction project in Russia (EUR 153million).
In the field of the renewable energy sources Dyulgerova and Penkova Law Firm advise foreign clients in respect of planned investments, including selection of the type of investment (acquisition of real estates or acquisition of company shares), conducting legal and financial due diligence of companies, drafting share-transfer agreements, escrow account agreements, consultations on transferring of real estates, designing and construction of photo solar parks, etc. Until the present moment the law firm has successfully finished two projects in this area.
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