Month: March 2013

Cashflow and Carillion?

Back in 2013 when this article was written, you couldn’t fail to be aware of the debate going on in the media as a result of the announcement from Carillion that it was going to extend its payment terms for subcontractors to 120 days. Buy why does it matter so

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Get Your T&C Signed

How can you make sure your terms and conditions (T&C) get into your contracts? Sometimes you’ll need to win the battle of the forms (read more), but a better approach is to get your contract/proposal/T&C signed in person or accepted by email. A lazy process? When you agree with another

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Is Your Letter of Intent a Contract?

There are five essentials for a contract: offer acceptance intention to create a contract consideration (the price or a promise) and certain & complete terms. A random bundle of letters will rarely be enough for a contract (the image is from Yorkshire Sculpture Park). Whether your letter of intent meets

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Review Your Bond: Is it On Demand?

Being the recipient of a bond is a little like being given a betting slip. The bond, of which you are now a proud owner, promises much. It may even be the key to huge wealth. Or, in the end, it may prove to be a worthless piece of paper.

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