An engineering, procurement and construction (EPC) contract is an all-inclusive contract framework, which requires the contractor to complete an agreed scope of work by an agreed completion date, in return for an agreed lump-sum contract price.
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The current coronavirus outbreak (recently named COVID-19 by the World Health Organisation (WHO)) is dominating global headlines. Since it was first reported from Wuhan, China on 31 December 2019 it has spread to 25 countries, infected over 42,000 people and claimed over 1,000 lives.
Kennedys Real Estate and Construction teams to attend MIPIM 2020 – the world’s largest property investment conference in Cannes
We are delighted once again to be attending MIPIM, the internationally-renowned property conference taking place from 10 -13 March 2020 in Cannes, France. Our attendance at this year’s MIPIM reinforces our ongoing commitment to supporting clients in relation to real estate and construction matters, and staying at the forefront of development in the markets in which our clients operate.
We are pleased to announce our partnership with the UK government’s Northern Powerhouse Partner Programme. We are one of a growing number of organisations from across the north of England that is part of the network, which is working towards building a Northern Powerhouse across several main areas including: connectivity and transport; skills, science and innovation; quality of life and culture; and devolution.
Case review 22/01/2020
English courts not the appropriate forum to determine whether Russian proceedings brought in breach of London arbitration agreement
The English High Court has recently found in favour of defendant insurers in declining to grant anti-suit injunctions and declaratory relief on the basis that the English courts were not the appropriate forum to determine whether a claim commenced before the Russian courts should be referred to London seated arbitration under ICC Rules.
With the pace of change in the global insurance market showing no signs of slowing in 2020, we have underlined the London Market’s need to reassert its ability to adapt and manage the constant evolution of global risk. Releasing our annual London Market forecast for the year ahead, we have made predictions across 11 areas impacting the London Market, namely: aviation, casualty coverage, construction, cyber, energy, financial lines, marine, product liability and life sciences, professions, political risks and property damage.
The pace of change in the global insurance market has not slowed down in the last 12 months, nor are there any indications of it doing so over the course of the coming year.
This update includes a round-up of recent court decisions raising issues relating to payment provisions, enforceability of ADR clauses, the meaning of “construction contract”, approved inspector duties, contract amendments, and adjudication and insolvency.
China’s Belt and Road Initiative (the BRI) promises an economic and commercial development strategy that is unmatched by any other global trade programme. Cooperation between China and the Emirates is of great importance to the success of the BRI.
Case review 06/11/2019
The Court of Appeal has confirmed that approved inspectors do not owe a duty under section 1 of the Defective Premises Act 1972 (the Act) in the exercise of their building control functions.