PFI/PF2

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Corporate Insolvency and Governance Act 2020—the rise of the moratorium and restructuring plan and the fall of the Scheme?

The following Banking & Finance news provides comprehensive and up to date legal information on Corporate Insolvency and Governance Act 2020—the rise of the moratorium and restructuring plan and the fall of the Scheme?

Corporate Insolvency and Governance Bill

The following Banking & Finance news provides comprehensive and up to date legal information on Corporate Insolvency and Governance Bill

The Insolvency (England and Wales) Rules 2016 come into force

The following Banking & Finance news provides comprehensive and up to date legal information on The Insolvency (England and Wales) Rules 2016 come into force

Corporate Insolvency and Governance Bill—restrictions on ipso facto clauses

The following Banking & Finance news provides comprehensive and up to date legal information on Corporate Insolvency and Governance Bill—restrictions on ipso facto clauses

Featured Construction content

Build Operate Transfer (BOT) contracts

The Public Private Partnership (PPP) models are a popular way for governments to involve private investment, expertise and risk in procuring...

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....

Time at large in construction contracts

This Practice Note examines the concept of ‘time at large’ in relation to the completion of works under a construction contract, including what time...

The prevention principle

This Practice Note considers the meaning and nature of the prevention principle and its relevance to delay claims in construction projects. It also...

Practice notes

Section 38 and section 278 Highways Act agreements—contractor’s perspective

This Practice Note examines agreements entered into under sections 38 and 278 of the Highways Act 1980, considering the obligations they impose and,...

9th Nov

Practice notes

Target cost contracts on construction projects

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’...

9th Nov

Practice notes

Defects liability period and rectification of defects

It is common in construction projects for defects to manifest or appear in the works. Most construction contracts require the contractor to return to...

9th Nov

Practice notes

Loss and expense

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...

9th Nov

In-house

Practice notes

Concession contracts—materials and resources

Brexit impact—public procurement: The UK public procurement regime derives from EU public procurement laws, and is therefore impacted by the UK’s...

9th Nov

Practice notes

Responsibility for Employer's Requirements

This Practice Note looks at Employer’s Requirements (also referred to as ERs) within a building contract. It explains what Employer’s Requirements are...

9th Nov

Practice notes

Schedules of services

This Practice Note examines the purpose and content of the schedule of services that will usually be appended to a consultant’s appointment entered...

9th Nov

Practice notes

Letters of intent—construction

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...

9th Nov

Practice notes

Step-in rights in a collateral warranty

It is standard practice in construction projects for the contractor, key sub-contractors and consultants (referred to in this Practice Note as...

9th Nov

Practice notes

JCT collateral warranties

A collateral warranty is a contract which is collateral to, or sits alongside, the underlying or primary contract (ie the construction contract or...

9th Nov

Practice notes

Sectional completion

What is sectional completion?Where the construction contract splits the works into sections or parts, usually to be started at different times, there...

9th Nov

Practice notes

FIDIC contracts—introduction to the Yellow Book 1999

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...

Produced in partnership with Victoria Tyson of Corbett & Co 12th Jan

In-house

Practice notes

'Pay when paid' and 'paid when certified' clauses

This Practice Note considers ‘pay when paid’ clauses and ‘pay when certified’ clauses in construction contracts, and the relevant provisions of the...

Produced in partnership with Womble Bond Dickinson 12th Jan

Practice notes

Breach of natural justice in adjudication

Produced in association with 4 Pump CourtPrinciples of natural justiceIf an adjudicator breaches the rules of natural justice during the adjudication...

9th Nov

In-house

Practice notes

Scott Schedules in construction disputes

Scott Schedules are often very useful in construction disputes. They help to identify the key issues between the parties, and to set out for the judge...

Produced in partnership with James Bowling of 4 Pump Court 12th Jan

Practice notes

Benefits and risks of adjudication

Produced in association with 4 Pump CourtParties to a 'construction contract' have the right to refer any dispute that has crystallised to...

9th Nov

Most recent PFI/PF2 content

Practice notes

Change protocols in PFI/PF2

IP COMPLETION DAY: 11pm (GMT) on 31 December 2020 marks the end of the Brexit transition/implementation period entered into following the UK’s...

18th Jan

Practice notes

PFI/PF2—the Construction Sub-contract

This Practice Note examines the Construction Sub-contract between Project Co and the Construction Sub-contractor (also referred to as the Construction...

18th Jan

Practice notes

PFI/PPP terms (Glossary)

AbandonDescribes a situation where the contractor stops carrying out the works for a prolonged and consecutive period of days (eg 20 business days) or...

18th Jan

Practice notes

Key documents in a PFI/PF2 project

This Practice Note sets out an introduction to some of the most common agreements and documents within a PFI/PF2 project. The particular documents...

18th Jan

Practice notes

Building Schools for the Future/Priority School Building Programme

This Practice Note considers the Building Schools for the Future government scheme the current Priority School Building Programme. It also looks at...

Produced in partnership with Lucinda Baker of Harrison Clark Rickerbys 18th Jan

Practice notes

Direct agreements in PFI/PF2

This Practice Note considers the purpose of a direct agreement specifically in the context of a PFI or PF2 project. It looks at the different direct...

18th Jan

Practice notes

Key parties in a PFI/PF2 project

This Practice Note looks at the key parties typically involved in a PFI or PF2 project. It considers the roles of parties in the public sector, of...

18th Jan

Practice notes

Guide to insolvency in PFI/PF2 projects

IP COMPLETION DAY: 11pm (GMT) on 31 December 2020 marks the end of the Brexit transition/implementation period entered into following the UK’s...

Produced in partnership with Mathias Cheung of Atkin Chambers 15th Jan

Practice notes

PFI—standardisation of contracts

This Practice Note looks at the standardisation of contracts in relation to PFI and PF2, and considers the practical use of model form...

Produced in partnership with Foot Anstey LLP, revised in partnership with CMS 8th Jan

Practice notes

Compensation events and relief events in PFI/PF2

This Practice Note examines the Compensation Event and Relief Event regimes under the Project Agreement in relation to a PFI or PF2 project. It looks...

6th Dec

Practice notes

Introduction to PFI and PF2

This Practice Note provides a broad introduction to the Private Finance Initiative (PFI). It looks at what PFI is, the structure of a typical PFI...

6th Dec

Practice notes

Termination of PFI/PF2 contracts

This Practice Note explains how a PFI or PF2 project can be terminated. It also looks at the consequences of termination, the risks associated with...

6th Dec

Practice notes

Parallel loan agreements in PFI/PF2 projects

This Practice Note looks at parallel loan agreements in PFI and PF2 projects. It considers the background to such agreements (arising out of the...

6th Dec

Practice notes

Equivalent project relief in PFI/PF2

This Practice Note examines equivalent project relief (EPR) in PFI and PF2 projects. It considers the purpose of such clauses, the anatomy of an EPR...

6th Dec

Q&As