Unlock practical insights into the complexities of construction procurement. Navigate the intricacies of contract formation, tendering processes, and regulatory compliance. Enhance your understanding of best practices and legal obligations to ensure smooth project delivery. Stay ahead with expert guidance tailored for professionals in the construction sector.
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...
Prime cost and cost reimbursable construction contractsWhat is a prime cost contract?In simple terms, if a contract is agreed on a ‘prime cost’ basis the contractor will be reimbursed the costs it incurs in carrying out the works, ie labour and materials (including those from sub-contractors), plus
What is a 'Golden Brick' agreement?A ‘Golden Brick’ scheme or arrangement is a method of structuring the acquisition of land (with no buildings on it) for residential property development that mitigates VAT exposure for both the vendor and the purchaser. A ‘Golden Brick’ agreement will set out the
If a rentcharge is shown as being informally exonerated on title information, does this apply to the current registered owner? Or does the informal exoneration only apply to the parties to the document which informally exonerated the rentcharge?This Q&A considers the situation where, at some
Strike out—making an application to strike out a statement of caseA strike out order can be made either following an application by the parties or on the court's own initiative. This Practice Note deals with the scenario of the order being made following a party's application.Making an application
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