Santosh Srivastava

The author is an experienced contracts and commercial professional in the field of buildings and infrastructure development with over twenty years of sound contract administration experience in projects within India and the United Arab Emirates (UAE), having worked for global contractors and project management companies/consultants. Currently the author is working for one of the world’s largest airport operators as a Senior Contracts Manager. The author is a Graduate Civil Engineer and an MBA in Finance. The author is also a Chartered Quantity Surveyor (MRICS) and an Associate of the Chartered Institute of Arbitrators (ACIArb).


A contract (or an agreement) is associated with almost everything, wherein more than one person (or party) is involved. Whether it’s a marriage, purchase of a property or construction of a project, all need a proper contract and in-turn, they need resilient and robust contract administration. Today, large value and complex contracts have to cater to the needs of globalization, increased regulations and the ever-changing technologies. These complexities have contributed to an environment rendering administration of a contract difficult. Therefore, projects are prone to delays, additional unforeseen expenses and may also all-together lead to a project failure. This has also led many organi...

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