Blog

Provisional Sum

Provisional Sum – When and how should you use it? Provisional sums are perceived as difficult to manage, to understand and to execute. Should you only include them in the overall price as a last resort? Whilst they are appealing as lump sum items, Provisional Sums are in effect risk items where the scope cannot… Continue reading Provisional Sum

Defects Liability Period

What is the Defects Liability Period and how is it relevant to Subcontracts I place? We put forward the following scenario to Jason Farnell, Adjudicator and CEDR Accredited Mediator: I’m a Property Developer who typically acts as a Main Contractor on projects and I’m interested in understanding more about the Defects Liability Period (DLP) in contracts… Continue reading Defects Liability Period

JCT Insurance: A Breakdown

Construction can be a highly complex and dangerous activity. Each construction project will have its own complex risks inherited from its design and surroundings. These risks may be to persons, being site operatives, visitors to site or members of the public, or risks to the actual construction works themselves occurring as a result of carrying… Continue reading JCT Insurance: A Breakdown

JCT Payment Terms

In the latest iteration of the JCT suite of contracts (JCT16), there were three key changes from (JCT11). These changes were: The introduction of a Common Valuation Date or “IVD” Interim Valuation Date, which intends to align the cashflow throughout a project. The frequency of applications post PC, where previously these were at bi monthly… Continue reading JCT Payment Terms

Collateral Warranties in Construction

What are collateral warranties and do I need them on my project? We put forward the following scenario to Jason Farnell, Adjudicator and CEDR Accredited Mediator: I’m a Property Developer working on projects across London and the South East and I’m interested in understanding more about Collateral Warranties, their relevance to our business and how we… Continue reading Collateral Warranties in Construction

JCT vs NEC: Which is best for your project?

JCT and NEC contracts are standard form of contracts. Both contracts provide a variety of options that suit the needs and requirements of clients (employers). However, you do need to understand project requirements and the level of control required by the client when selecting a contract form and a procurement route. This article provides an… Continue reading JCT vs NEC: Which is best for your project?

Construction Management Procurement

An Introduction to Construction Management Construction Management is a totally unique procurement route. Using this method, the developer directly employs multiple subcontractors (referred to as Trade Contractors) instead of employing a single Main Contractor. The single feature that makes Construction Management unique, particularly from Management Contracting, is that the developer (referred to as the Employer)… Continue reading Construction Management Procurement

Design and Build Contracting for Developers

The Scenario We put forward the following scenario to Jason Farnell, Adjudicator and CEDR Accredited Mediator. I’m a Developer with a number of secured sites across the UK. Our business has historically taken the Traditional, Architect-led approach to procurement but as we look to expand and grow the business in the next few years we’re interested… Continue reading Design and Build Contracting for Developers

Contract Acceptance by Commencement

The Scenario We put forward the following scenario to Jason Farnell, Adjudicator and CEDR Accredited Mediator. I’m a Main Contractor working on a JCT Standard Building Contract (2016). I’ve agreed a price and programme with a Subcontractor following receipt of their quotation and having held a meeting with them and have confirmed our agreement (in headline… Continue reading Contract Acceptance by Commencement