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Practice notes
In December 2017, FIDIC launched the second editions of the Red, Yellow and Silver Book. This Practice Note is an introduction to the FIDIC Silver...
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Produced in partnership with Victoria Tyson of Corbett & Co 12th Jan
Practice notes
What is a target cost contract?A target cost contract is a type of cost reimbursable contract under which the contractor is paid the ‘actual cost’...
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9th Nov
Practice notes
It is common in construction projects for defects to manifest or appear in the works. Most construction contracts require the contractor to return to...
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9th Nov
Practice notes
This Practice Note examines the purpose and content of the schedule of services that will usually be appended to a consultant’s appointment entered...
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9th Nov
Practice notes
What is a letter of intent?Letters of intent are used in construction and engineering projects to allow the employer to mobilise a contractor before...
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9th Nov
Practice notes
A variation (sometimes referred to as a change) is an alteration to the scope of work originally specified in the contract, whether by way of an...
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9th Nov
Practice notes
It is standard practice in construction projects for the contractor, key sub-contractors and consultants (referred to in this Practice Note as...
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9th Nov
Practice notes
A collateral warranty is a contract which is collateral to, or sits alongside, the underlying or primary contract (ie the construction contract or...
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9th Nov
Practice notes
What is sectional completion?Where the construction contract splits the works into sections or parts, usually to be started at different times, there...
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9th Nov
Practice notes
This Practice Note explains what liquidated and ascertained damages (LADs/LDs) are and their purpose in a building contract. It considers the...
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9th Nov
Practice notes
This Practice Note looks at the SBCC (Scottish Building Contract Committee) standard forms of contract and the key differences between them and the...
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Produced in partnership with MacRoberts LLP 12th Jan
Practice notes
This Practice Note looks at the FIDIC Conditions of Contract for Plant and Design Build 1999, commonly known as the FIDIC Yellow Book 1999.FIDIC...
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Produced in partnership with Victoria Tyson of Corbett & Co 12th Jan
Practice notes
This Practice Note provides an overview of what interim payments are, how the right to be paid (usually by monthly or stage/milestone payments) arises...
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9th Nov
Practice notes
Produced in association with 4 Pump CourtPrinciples of natural justiceIf an adjudicator breaches the rules of natural justice during the adjudication...
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9th Nov
Practice notes
The JCT Pre-Construction Services Agreement was launched in 2008. A revised edition was published in 2011 to incorporate the amendments to the Housing...
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9th Nov
Practice notes
This Practice Note identifies the key parties involved in most construction projects (including the employer, the contractor, the professional team of...
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9th Nov

Most recent Insurance in construction content

Practice notes
OverviewIn normal circumstances the only recourse available to a building owner, on discovering a defect, is to seek recovery from the contractor or...
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Produced in partnership with David Savage, Construction partner at Charles Russell Speechlys 15th Jan
Practice notes
What is insurance law?Insurance law can be split into three parts:•insurance contract law which governs the contractual relationship between insureds...
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12th Jan
Practice notes
Purpose of the TP(RAI)A 2010The Third Parties (Rights against Insurers) Act 2010 (TP(RAI)A 2010) repeals and replaces the Third Parties (Rights...
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Produced in partnership with HFW 12th Jan
Practice notes
What is Contractors’ All Risks insurance?Construction insurance comes in two main categories, namely ‘property’ and ‘liability’ insurance. Property...
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Produced in partnership with Gordon Dadds Consulting LLP, revised in partnership with Hardwicke 8th Jan
Practice notes
What is the right of subrogation?In the context of insurance and reinsurance, the right of subrogation entitles an insurer or reinsurer, having...
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Produced in partnership with Eleanor Ruiz of Reed Smith and Mark Pring of Reed Smith 8th Jan
Practice notes
What is design and build?At its simplest, design and build (D&B):•is a project delivery system under which a single entity (the D&B contractor)...
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Produced in partnership with Jonathan Spencer, Emily Monastiriotis and Rachel Lobley of Simmons & Simmons 8th Jan
Practice notes
IP COMPLETION DAY: 11pm (GMT) on 31 December 2020 marks the end of the Brexit transition/implementation period entered into following the UK’s...
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Produced in partnership with Jonathan Spencer and Russell Cowie of Simmons & Simmons 8th Jan
Practice notes
Overlapping insurance policesThere are various reasons why an insured may end up with overlapping insurance cover, whether deliberately or...
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Produced in partnership with Susie Wakefield and Matthew Brown of Shoosmiths LLP 8th Jan
Practice notes
What is a project policy?'Project policy' generally means a policy the employer takes out to cover Contractors All Risks and public liability. The...
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Produced in partnership with Fladgate LLP 8th Jan
Practice notes
This Practice Note examines the nature of joint names insurance, the distinction between joint and composite insurance and its impact on construction...
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Produced in partnership with Fisher Scoggins Waters LLP 8th Jan
Q&As
Clause 6.5.1 provides for non-negligent insurance to be taken out by the contractor in joint names with the employer in respect of the potential risk...
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Produced in partnership with Abdul Jinadu of Keating Chambers 8th Jan
Q&As
What form does Option C take and what is meant by ‘existing structures’ under the Contract?Pursuant to Schedule 3, the contract provides for three...
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Produced in partnership with Julie Morrissy of Irwin Mitchell LLP 8th Jan
Practice notes
Landlord or property ownerThe freeholder has the greatest long-term interest in the property as a capital investment, which for a landlord provides an...
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Produced in partnership with Gowling WLG 8th Jan
Practice notes
A tenant may be given rights under an agreement for lease to enter a property prior to completion in order to carry out fit out works. This is...
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Produced in partnership with Gowling WLG 8th Jan
Q&As
SubrogationIt may first be useful to recap how subrogation works. In the event of a successful claim being made under an insurance policy, insurers...
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Produced in partnership with Rebecca Prigg of CMS 8th Jan
Practice notes
Work in or adjacent to other buildingsA contract for insurance may cover damage to property caused by an insured risk, for example buildings insurance...
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Produced in partnership with Fladgate LLP 8th Jan
Q&As
Decennial insurance is insurance that can be taken out by those responsible for the design and construction of buildings to cover the costs associated...
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Produced in partnership with Charles Russell Speechlys 8th Jan
Q&As
A warranty'>collateral warranty is an agreement that is ancillary to the primary contract. The purpose of a collateral warranty is to ensure that a...
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Produced in partnership with David Sawtell of 39 Essex Chambers 8th Jan
Practice notes
What is non-negligent damage?If damage is caused to neighbouring property by the contractor’s negligence or breach of contract, the contractor will be...
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Produced in partnership with Fladgate LLP 8th Jan

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