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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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.
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.
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.
Directive (EU) 2018/2001 on the promotion of the use of energy from renewable resources. The Directive is arguably the most ambitious initiative of the European Union (EU) in an attempt to promote the production and use of energy from renewable resources, and reduce greenhouse gas emissions.
Case review 25/10/2019
Bennett (Construction) Limited v CIMC MBS Limited (Formerly Verbus Systems Limited) [30.08.19]. This Court of Appeal (CoA) case provides helpful guidance on how to imply payment terms under the Scheme for Construction Contracts (the Scheme).
Whilst the construction industry has arguably been slower to adopt new technology compared with some other sectors, technological advancements have always driven construction forward.
We are pleased to announce that we have continued our growth in the United States with our relocation to a new, larger office in Philadelphia, and the addition of Louis Kozloff as partner and associate Thomas Seery.
We are pleased to announce that we have strengthened our insurance and disputes practice with the hire of partner Jamie Kellick to our Dubai office from Addleshaw Goddard.
Development finance presents one of the more hazardous areas for lenders, due to the risks associated with providing funding at the outset of a project when redeveloping or erecting a new building.