
Publication
Modern Slavery Act reforms under a Labor Government and what businesses need to know
Labor went into the May election promising a number of significant changes to modern slavery mitigation strategies and legislation in Australia.
Global | Publication | June 2020
Sistema de Transporte Colectivo, a decentralized Mexican Government-entrusted public agency that manages and oversees the subway network in Mexico City, has called an international public tender to award a long-term contract – up to December 31, 2039, for the comprehensive modernization of subway trains, control systems and tracks for Line 1 of Mexico City's subway network (the Project).
The Project includes, but is not limited to: (i) the acquisition of new subway trains and maintenance of the existing ones, (ii) the renovation and improvement of existing subway tracks, and (iii) the implementation of a new subway train operation system.
Full technical, financial and legal requirements for bidders and the Project are outlined in the bidding guidelines that are available for interested parties to review and formally acquire until July 3, 2020.
Other key dates in the process include:
Site visit registration deadline | July 8, 2020 |
Site visit | July 9-17, 2020 |
Question submission deadline | July 24, 2020 |
Q&A session | July 31, 2020 |
Submission and opening of proposals | August 31, 2020 |
Award | September 28, 2020 |
Contract execution | October 12, 2020 |
The works will be subject to a calendar proposed by the winning bidder, including a schedule of partial closures outlined throughout the bidding guidelines. The first delivery (i.e. the NM16 subway train) is currently scheduled for February 2021.
The Project is estimated to represent approximately MXN 17 billion (USD$762 million). No similar renovation efforts for other lines of the Mexico City subway network have been formally announced.
Publication
Labor went into the May election promising a number of significant changes to modern slavery mitigation strategies and legislation in Australia.
Publication
The Fifth Circuit's decision in Jarkesy v. SEC, No. 20-61007, has significant consequences for how the SEC can prosecute civil securities law violations and how parties facing SEC charges can seek to vindicate their constitutional rights.
Publication
In an effort to crack down on tax evasion, criminal activities, money laundering, corruption and terrorism financing, legislation has been introduced federally and in many Canadian provinces requiring that private corporations maintain a register of individual(s) who “significantly control” a corporation (a Register).
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