VCA – Virtual Construction Administrator – Without the Over-Head
“Time is the most valuable thing a man can spend.” Theophrastus.
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.
Who Carries The Ground Risk? – The contractor? Not in this case…
Clancy Docwra Ltd (“CDL”) v E.ON Energy Solutions Ltd (“EON”) [2018] EWHC 3124 As some of our followers may be aware, a chapter of my contracting career was spent as the Managing Director of a nationwide trenchless contractor. I have therefore led many disputes concerning unforeseen ground conditions and as such am an avid follower…
Retentions: A Change In Law?
The statistics for the payment of retentions within the construction sector, although ever-changing, do not make good reading. Some argue, due to poor compliance by a number of firms within the supply chain, retentions could be regarded as the main contract discount (as all too often are never to be seen again!). From October 2017…
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…