Navigate the complexities of standard form construction contracts with our specialised guidance. Grasp the essentials of JCT, NEC, and FIDIC contracts, ensuring compliance and efficiency in project delivery. Tailored for legal professionals, this topic covers how to effectively mitigate risks, manage obligations, and streamline contractual negotiations in the construction landscape.
The following Construction news provides comprehensive and up to date legal information on New FIDIC Practice Note III—Dispute Board Decisions: Preparation and Composition—a quick guide
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 the relevance of the Base Date in the JCT Design and Build Contract?The Base Date is relevant in respect of a number of clauses in the JCT Design and Build Contract 2016:•Fourth Recital—The parties state the Employer’s CIS status at the Base Date (also see clause 4.5)•definition of the Joint
NEC contracts—terminationThe NEC contracts contain detailed provisions for termination, setting out the grounds on which the parties may terminate and the consequences thereof (although they are less extensive than those found in the JCT contracts). Under the NEC contracts, it is the Contractor’s
FIDIC contracts 2017—Dispute Avoidance/Adjudication BoardsThis Practice Note considers the use of Dispute Avoidance/Adjudication Boards (DAABs) in the FIDIC Red, yellow and Silver Books 2017. These contracts all provide for disputes to be referred to a DAAB, which issues a binding decision. The DAAB
FIDIC Contracts—Introduction to the Red Book 2017, reprinted 2022 with amendmentsIn December 2017, FIDIC launched the second editions of the Red, Yellow and Silver Books. Three years later, in December 2022, FIDIC launched reprints. The FIDIC Red Book 2022 reprint is to be described as ‘The
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