Deed of novation by contractor’s administrator
Deed of novation by contractor’s administrator

The following Construction guidance note provides comprehensive and up to date legal information covering:

  • Deed of novation by contractor’s administrator
  • Parties
  • Whereas
  • The ScheduleVariations to the Contract

Produced in partnership with Mills & Reeve LLP

This Deed of novation is made on the [insert day] day of [insert month] 20[insert year]

Parties

  1. 1

    [insert name of company] (in administration) (Company Registration No. [insert number]) whose registered office is situated at [insert address] (the ‘Original Contractor’) acting by its [joint] [Administrator OR Administrators], [insert name of [Administrator OR Administrators]] (each an administrator and together the joint administrators) of [insert name and address of firm] (the [Administrator’ OR ‘Administrators])

  1. 2

    [insert name of contractor] (Company Registration No. [insert number]) whose registered office is situated at [insert address] (the ‘New Contractor’)

  1. 3

  2. [insert name of employer] (Company Registration No. [insert number]) whose registered office is situated at [insert address] (the ‘Employer’)

Whereas

  1. (A)

    The [Administrator OR Administrators] were appointed to the Original Contractor [by the Floating Charge Holder OR the Directors OR the Company OR Order of the Court] pursuant to paragraph [[14] OR [22]] of Schedule B1 of the Insolvency Act 1986 on [insert date of appointment of Administrator(s)].

  2. (B)

    This Deed is supplemental to [insert details of contract to be novated eg a design and build