Construction contracts are often lengthy and notoriously complex with numerous parties and contractors. Failure to receive appropriate payments throughout the course of construction agreements is
The concept of a Defects Liability Period (DLP) in construction contracts exists alongside the principle of ‘practical completion’. Under practical completion, the principal can take
After reading the recent Judgment in Buckingham Group v Peel L&P Investments, you would be forgiven for thinking that there is no need to have
Insolvency is a catch-all term that applies to both businesses and individuals that are unable to pay their debts. The causes and consequences of insolvency
Delays are virtually inevitable in the construction industry. Rarely does a construction schedule proceed precisely as planned. Construction delays are so expected that they have
Part II of the Housing Grants, Construction and Regeneration Act 1996 came into force on May 1, 1998. It contained provisions that aimed to improve
Historically, construction contracts in England often have a final account — the last reckoning up that reflects changes that have occurred throughout the project term.
Practical completion is typically defined as the point when a building is complete — save for any minor defects — and the client can take
In an ideal world, all parties to a construction contract would agree on clear terms — particularly those related to payment and dispute resolution —