Author

Abdul Jinadu

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Abdul Jinadu was called to the Bar in 1995 and has been a practising barrister and arbitrator in Keating Chambers since 1996, specialising in construction, engineering and energy disputes, and domestic and international arbitration. He has acted for the full spectrum of clients including construction and engineering companies, government organisations, corporations, public utilities, local authorities, consultancies, architects and engineers.

In brief The construction industry faces challenges in enforcing adjudication decisions, limiting its effectiveness outside the UK. Adjudication bonds, emerging from the PFI market, offer a solution by guaranteeing payment of adjudicated sums. These bonds, typically 10-20% of contract value, ensure immediate payment upon noncompliance, reducing the need for lengthy legal proceedings. Successful implementation requires careful drafting and integration into existing contracts. Adjudication bonds incentivize compliance, enhance adjudication’s credibility, and improve project cash flow. This…