Guyana Moves to Strengthen Contract Framework Amid Rapid Development

May 04, 2026•1 min read

Guyana’s contract framework is undergoing critical review as the government moves to address longstanding issues in how public projects are structured and enforced. Attorney General Anil Nandlall recently highlighted that many existing agreements, particularly non-FIDIC contracts, are outdated and no longer suited to the scale and pace of the country’s development.

Key concerns include the declining effectiveness of financial safeguards such as performance bonds, gaps in contract monitoring and supervision, and limitations in enforcement provisions. Issues such as strict notice requirements and capped penalties have also reduced the State’s ability to respond effectively to non-performance and delays.

In response, a comprehensive review of both FIDIC and non-FIDIC contracts is underway, aimed at modernising model agreements, strengthening enforcement, and improving accountability across project execution.

These reforms signal a shift toward a more structured and predictable contracting environment. For those involved in infrastructure, engineering, and project delivery, this presents an important opportunity to operate within clearer frameworks, while contributing to higher standards of transparency, risk management, and cross-border project collaboration.

This content is based on publicly available research and information. SGCC does not assume responsibility for any inaccuracies or changes over time.

Guyana Office (English-speaking)
+592-703-0020 | [email protected]

Suriname Office (Dutch & English-speaking)
+592-746-0020 | [email protected]