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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
This Practice Note examines agreements entered into under sections 38 and 278 of the Highways Act 1980, considering the obligations they impose and,...
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9th Nov
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
Claims by contractors for loss and expense arising from a disturbance to progress of the works are one of the most debated and contentious areas of...
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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
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
This Practice Note examines some of the key areas where the NEC3 and NEC4 standard form construction contracts take a different approach to the JCT...
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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
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
If a party is said to have ‘design liability’, it means that it bears legal responsibility for all or part of the design of a construction/engineering...
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9th Nov
Practice notes
Produced in association with 4 Pump CourtParties to a 'construction contract' have the right to refer any dispute that has crystallised to...
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9th Nov
Practice notes
This Practice Note considers the status of the programme in a construction contract, what difference it makes if the programme is a contract document...
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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 Bonds content

Precedents
SCHEDULEBond Number [insert bond number]Dated:Parties1The Employer: [insert Employer’s name] incorporated in [England and Wales] (Company Number...
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Produced in partnership with Kennedys 5th May
Practice notes
This Practice Note examines the nature of performance bonds, why they are required and where they fit into the suite of documentation commonly...
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Produced in partnership with Kennedys 16th Apr
Practice notes
IntroductionThe ABI Model Form of Guarantee Bond was first published in 1995 and was updated (in 2002) to incorporate reference to the Contracts...
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Produced in partnership with Kennedys 8th Apr
Practice notes
A retention bond is a particular form of performance bond usually written as an 'on demand' instrument. This Practice Note examines:•the nature of...
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Produced in partnership with Kennedys 8th Apr
Practice notes
An advance payment bond is a particular form of performance bond, invariably written as an 'on demand' instrument. See Practice Notes: Performance...
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Produced in partnership with Kennedys 8th Apr
Practice notes
IntroductionThe purpose of this Practice Note is to:•examine the nature of the on demand performance bond, and•key elements that help identify whether...
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Produced in partnership with Kennedys 8th Apr
Precedents
Retention bondScheduleBond number [insert]Dated:Parties1The Employer: [insert] incorporated in [England and Wales] (Company Number [insert]) whose...
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Produced in partnership with Kennedys 14th Feb
Precedents
SCHEDULEBond Number [insert]Dated:Parties1The Employer: [insert] incorporated in [England and Wales] (Company Number [insert]) whose registered office...
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Produced in partnership with Kennedys 14th Feb
Precedents
SCHEDULEBond Number [insert]Dated:Parties1The Employer: [insert] incorporated in [England and Wales]. (Company Number [insert]) whose registered...
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Produced in partnership with Kennedys 14th Feb
Precedents
Performance bond ...
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26th Sep

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