Except in the case of a contract made by deed, consideration is necessary to support a contract1. In a building contract context the consideration given by the employer is the amount paid or the promise to make payment, and by the contractor in executing the works or promising to do so. A promise for additional payment for work included in the contract or a promise to carry out other existing contractual obligations such as those concerned with the time for completion is given without consideration2, unless it provides the other party with a genuine practical benefit3, or there is
**Trials are provided to all LexisPSL and LexisLibrary content, excluding Practice Compliance, Practice Management and Risk and Compliance, subscription packages are tailored to your specific needs. To discuss trialling these LexisPSL services please email customer service via our online form. Free trials are only available to individuals based in the UK. We may terminate this trial at any time or decide not to give a trial, for any reason. Trial includes one question to LexisAsk during the length of the trial.
To view the latest version of this document and millions of others like it, sign-in to LexisLibrary or register for a free trial.
EXISTING USER? SIGN IN
TAKE A FREE TRIAL
0330 161 1234