Sharpen Your Knowledge of The Construction Act

Sharpen Your Knowledge of The Construction Act

Hi,

Welcome to November, a new month, and our newest monthly newsletter. This month, we’ll share what we’ve been getting up to and the latest news here at Nexus Consult , six terms to avoid in construction contracts, and our latest blog, which is all about The Construction Act.


What has Nexus Consult done in October?

We're growing!


October was a busy month for Nexus Consult; take a look at what we got up to ??? Our Founder and Director, Scott Coulton , has been getting back to the office after being away, which has meant several catch-ups with our retainer clients about their commercial issues and wins!

We’ve also welcomed a new team member: Dominic Huntbach . Dominic has joined the team as our Graduate QS, so he’s been getting up to speed with our onboarding process and learning about our structured development programme. Here’s Dominic representing Nexus Consult at the Chambers Construction and Property launch at Bridgewater Hall. He enjoyed the event and meeting some of the new faces sat around our table ??


Avoid These Six Terms in Your Construction Contracts

To Help You Prevent Issues and Steer Clear of Disputes


Everybody in the construction industry knows that disputes are likely to arise when contracts unfairly shift risks down the supply chain. However, Build UK has produced a new document to help prevent issues and disputes from arising.? ?

According to Build UK, six terms within construction contracts are harming your relationships and potentially setting up your projects to end in disputes. The document recommends you do not include:?

  • A ‘fitness for purpose’ standard of care for design (except in the process sector)?

  • Delay/loss and expense risk where not reasonably ascertainable for dealing with asbestos, fossils, antiquities, unexploded ordnance, or statutory body works?

  • That ‘Specified Perils’ will not give rise to extension of time where caused by the (sub-) contractor?

  • A blanket indemnity for breach of contract?

  • Uncapped (sub-) contractor liability (except for certain aggregate cap carve-outs such as fraud, misrepresentation, personal injury/death, wilful default)?

  • A pure on-demand performance bond, a Parent Company Guarantee without a ‘no greater liability’ clause, or a collateral warranty without a ‘no greater liability’ clause.??

Build UK advises that the party best equipped to manage the risks should do so instead of passing them on. They believe that by working more collaboratively and avoiding the above six terms, the contract will promote fairer risk allocation and better project outcomes.?

Read the full article now


What Do You Know About The Construction Act?

As a Contractor or Subcontractor, it Pays to Understand The Construction Act!


Contractors and subcontractors need to be aware of the legal framework of The Construction Act, which means they need to know not only what it is but also how to comply with it. ? ? Luckily, we’ve created a blog with everything you need to know about The Construction Act, including what The Construction Act is, its key provisions, how it affects you, and how to comply with The Act. ? ?

Whether you’re a new contractor or an experienced subcontractor who just wants a refresher on The Construction Act and your rights, our blog can help you. Read our latest blog now to ensure you receive fair and timely payments for your work.? ?

Read our latest blog now

要查看或添加评论,请登录

社区洞察

其他会员也浏览了