Posts tagged with: Payment
One of the main reasons contractors fail is not that they’ve run out of work but because they’ve not managed their cashflow. At preconstruction tenders should be cashflowed. If not cashflow positive by month 2, can you afford to fund...
The case of Bennett (Construction) Limited (“Bennett”) v CIMC MBS (formally Verbus Systems Limited) (“Verbus) considered whether “sign off” was required prior to payment. The main contract was for a new design and build hotel in London. Bennett were employed...
One of the more common issues we come across are contractors carrying out additional work without: a. Realising it; b. Notifying the main hashtag#contractor or employer of the change; c. Keeping correct records; d. Receiving an official instruction; e. Issuing...
Not following the terms of the contract in relation to payment protocols is still an unnecessary cause of dispute. Both sides should know their obligations and responsibilities. Cash is king – if you’ve carried out the work you’re entitled to...
In this eagerly awaited case Grove Developments Ltd employed S&T (UK) Ltd under an amended JCT Design and Build Contract 2011 to design and build a new hotel at Heathrow Airport. On April 18th 2017 Grove issued to S&T a...
One of the first cases involving Smash & Grab adjudications after the judgement given in S&T...