The fourth seminar in our guide to construction law for property developers examined everything related to "money" in construction contracts.
In particular we looked at:
- Why do contractors make claims for more money?
- Investigations by the Office of Fair Trading and the Competition and Markets Authority into illegal cartel activity
- Collusion and bid rigging / Inflated reporting and inflated claims
- Recent high court litigation concerning the collapse of one of the construction industry's biggest players
- Claims made “under” the contract
- Claims for “breach” of the contract
- The importance of the linking of cause and effect in any claim
- What is recoverable as “loss and expense”
- Notice Requirements
- What makes a good claim?
- What makes a bad claim?
- “Global” or “Rolled Up” claims
Disclaimer
This information is for general information purposes only and does not constitute legal advice. It is recommended that specific professional advice is sought before acting on any of the information given. Please contact us for specific advice on your circumstances. © Shoosmiths LLP 2024.