On 24 June 2016, JCT issued their newest edition of the JCT MW contracts - one of their most popular products. The changes to this contract are not major - they are a tidy up and twiddle round the edges. The most important changes are those to the payment provisions as ...
On alternate Thursdays, Sarah Schutte of Schutte Consulting and I are holding blab debates about various issues in construction. This debate discusses the relative merits of the two most popular standard forms in the UK Construction Industry. This blab covers: the role of collaboration ...
On alternate Thursdays, Sarah Schutte of Schutte Consulting and I are holding blab debates about various issues in construction. Our first debate discussed whether a letter of intent was better than 'no contract'. This blab covers: the requirements for a contract, the critical contents for a workable legally binding letter ...
Many people choose a construction contract not for its cost, nor for its fine words, but for their familiarity with the terms and conditions. Although one of the shorter standard forms, what if we could condense NEC... what should it say? No précis of NEC3 could omit its principal feature: the ...
There isn't one way to draft a contract or legal document, whatever you may have been told. These tips will help you create a better contract. Any Format In England/Wales, there is no specific format or style or content for most contracts. It doesn't even have to be written down. Writing is required ...
Contract strategy is just a fancy way of saying choosing the type of contract you want. There are various issues to take into account: your procurement strategy: traditional, design and build, prime cost, management contracting your payment strategy: lump sum, remeasurement, target price your risk strategy: pro-active or reactive; transfer, share or dump your ...
The Government Construction Strategy 2025 set out a blueprint of how to create a modern, effective and sustainable construction industry. It's aim was - through initiatives, policy and legislation - to ensure that: "Construction in 2025 is no longer characterised, as it once was, by late delivery, ...
Although implied terms only require you to be average, sometimes 'reasonable skill and care' means more than mere competency. Specialists On limited occasions, the courts imply a higher standard of care than 'average' but only for self-confessed specialists. Specialist: If a consultant has special knowledge, then she is expected to use ...