Navigating the complexities of construction contracts requires a keen understanding of prevalent issues that can arise, from variations and delays to payment disputes and defect liabilities. This resource offers essential tools and insights for practitioners to mitigate risks, resolve conflicts, and ensure smooth project execution. Equip yourself with practical guidance tailored to address common challenges and foster successful client outcomes within the construction sector.
The following Construction news provides comprehensive and up to date legal information on Adjudication payment notices—the common sense approach prevails (1st Formations v Lapp)
What are preliminaries in a construction contract?What are prelims?‘Preliminaries’ in a construction contract, or ‘prelims’, is typically taken to...
What is a variation on a construction project?A variation (sometimes referred to as a change) is an alteration to the scope of work originally...
Time of the essence—construction contractsWhat does time of the essence mean?Where time is 'of the essence' it means that the stated time for...
Product liability insurance for the construction industryThis Practice Note looks at product liability insurance from the perspective of those engaged...
What is practical completion?Practical completion marks the end of the construction period of a project, when the works are 'finished' and the employer can occupy and/or use them. Practical completion also typically marks the start of the defects liability period/maintenance period.As explained
Provisional sumsWhat are provisional sums?There is no precise, standard definition of provisional sum but it is generally understood to refer to an amount inserted into a bill of quantities, or contract sum analysis, to cover certain items of work that cannot be accurately defined, detailed or
Limitation periods in construction contractsThe Limitation Act 1980 (LA 1980) (as amended by the Latent Damage Act 1986 (LDA 1986)) governs the time limits for bringing different types of legal claims. If a claim is brought outside of the relevant limitation period, the defendant will be able to
Escrow accounts and escrow agreementsThis Practice Note examines why parties involved in a construction project may enter into an escrow agreement (or escrow deed) to set up an escrow account. It looks at the benefits of paying funds into escrow, how an escrow account operates and the provisions
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