Sayenko Kharenko’s international arbitration team has represented the interests of Safège-Suez Consulting in reaching agreement with the National Commission for State Regulation of Energy and Public Utilities on completion of payment for consultancy services provided within the framework of the district heating regulatory reform support program funded by the World Bank. The contract price equaled EUR 1,200,000.
Sayenko Kharenko’s scope of work included negotiating terms of amicable settlement with the National Commission for State Regulation of Energy and Public Utilities, preparing a memorandum with assessment of the Client’s legal position, analysis of the terms of the advance payment guarantee, advising on expert determination proceedings, and corresponding with the World Bank on various issues.
Due to joint efforts by the client and Sayenko Kharenko and complex negotiations, Safège-Suez Consulting has succeeded in obtaining a significant portion of payment for the consultancy services provided under the contract.
Safège-Suez Consulting is a French company providing engineering consultancy services in various fields such as infrastructure, energy, urban development and telecommunications.