The State requires certainty in relation to time period within which Project Co can prosecute Claims against the State.
A number of time bars for different types of Claims are set out in the PV Standard Project Deeds (for example in clauses 26.7 and 32.1 and section 10 of the Change Compensation Principles).
Where there is no express and specific time bar for the making of a claim identified in clause 62.2(b), there is a catch all in clause 62.2(c).