Practical Completion – How Is It Defined & When Does It Occur?

So What Constitutes ‘Practical Completion’? The answer really depends upon the form of contract under which the works are being delivered. However, the general understanding across the industry is that Practical Completion (or ‘PC’ as it is also known) marks the end of the Substantive Works and the commencement of the defects liability period. Whilst…

How to Ensure You Make a Loss in the Construction Industry (In Six Very Easy Steps)…

As most Contractors are aware, the construction industry is a challenging market sector in which it really is quite simple to lose money. With the collapse of Carillion and harsh market conditions in 2018, 780 companies fell into insolvency in the first quarter alone [1]. In a bid to provide certainty, in this blog we…

Who are you contracting with?

Contracting Parties – Who are you contracting with? – Are you sure? (Read on…) The Scenario: The parties are engaged and the project is going well until unexpected ground conditions pose a risk to the design. Consequently; an independent third-party designer is engaged and contracted to provide a solution. Sounds straightforward right? Wrong… Introducing the…