Also this year BdaLaw has contributed to 'Doing Business 2019: Training for Reform' the annual Report of the World Bank.

Giuseppe Broccoli and Elisabetta Ventrella have dealt with Italian regulations on starting a business, dealing with construction permits and registering property.

The Performance Bond is a guarantee which secures the Employer from the risk of possible breaches by the Contractor during the execution of the works. It can be risky for the Contractor for several reasons and above all because it is a guarantee which remains in force for the entire life of the construction project.

The Bid Bond guarantees the Employer that the bidder will sign the contract, if awarded, or will comply with other specified obligations (such as to issue other bonds as provided in the bidding documentation). They are rather frequent, especially in mid/big size projects.

The Warranty Bond is a guarantee which secures the Employer in the case the Contractor will not remedy the defects, if any, which may occur during the warranty period of the works. 

It is often issued by an insurance company or (especially in mid size international projects) by a bank and it provides the payment of a sum of money if the Contractor will not perform any remedial work as provided in the contract, a sum which will be used by the Employer to have the remedial works carried out by a third party.

BDA Studio Legale is honored to have contributed to the tenth edition of Construction, a volume in the Getting the Deal Through series of annual reports which provides international analysis in key areas of law and policy for corporate counsel, crossborder legal practitioners and business people.

Also this year BDA Studio Legale has contributed to the World Bank report "Doing Business 2016: Measuring Regulatory Quality and Efficiency". Giuseppe Broccoli, Elisabetta Ventrella and Ludovica Citarella have contributed to the following sections: