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.

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…

Taylor Consulting – Who are they?

KJ Taylor Consulting is led by Kelly Taylor, a qualified Quantity Surveyor, Commercial Consultant and training Adjudicator. Having held appointments within the construction industry as Managing Director, Financial Director and Commercial Manager for the last 17 years, Kelly carries a vast experience with projects of varying sizes in most sectors including Petrol Chemical, Nuclear, Rail, Airports and Utilities.…

NEC4 – The Next Generation Has Arrived – (However are you still getting to grips with NEC3?)

Following the March 2017 announcement by the NEC, it has been confirmed that the future of NEC has been reshaped with the introduction of NEC4. NEC has listened to the extensive feedback from the industry and made the necessary changes to align commercial intentions with workability and operational delivery.  In addition, they have added a number…