News tagged final-account
  • ‘Where do we start with preparing a claim?’

    The question We’ve come to final account and the employer argues the amount due is substantially lower than our costs, so we need to prepare a claim. We’ve never been… The post ‘Where do we start with preparing a claim?’ appeared first on Construction Management.

  • Appeal court highlights final account provision difficulties

    Mark Kirke is partner and Lee Lothian is associate at CMS Cameron McKenna Nabarro Olswang A recent decision of the Scottish Inner House considered a number of difficult issues arising from interpretation of the final account provisions of the JCT/SBCC Standard Building Contract (“SBC”). The… The post Appeal court highlights final account provision difficulties appeared first on Construction News.

  • Withholding payment for construction defects

    When the final account and final payment must be considered when a construction project reaches completion, it is common for the paying party to withhold payment against what they consider to be defective works. The post Withholding payment for construction defects appeared first on Planning, BIM & Construction Today.

Resources tagged final-account
  • Fenwick Elliott - 2022 Construction Adjudication in the United Kingdom: tracing trends and guiding reform, 20012023

    Fenwick Elliott Partner Claire King and 4 Pump Court's Lynne McCafferty KC review the findings of the recent King’s College London and Adjudication Society study on adjudication

  • Fenwick Elliott - Adjudication Update No.2 of 2022, 08092022

    Fenwick Elliott’s James Mullen and Adele Parsons, along with barrister Daniel Churcher of 4 Pump Court, consider a number of recent developments in adjudication practice

  • Metroun - 24 Quantity Surveying Terms You Need To Know, 17082022

    When starting Quantity Surveying it can feel like everyone is speaking a different language. With lots of new terms and acronyms you may struggle to talk confidently in your job without feeling that you’re saying something silly like “what does an AFP stand for”? Of course this question isn’t silly at all, everyone must learn these words somewhere. For that reason, Metroun created this video to act as a concise glossary containing the most common QS terms & acronyms

  • Metroun - Bills of Quantities explained, 02092020

    Appointing a Quantity Surveyor to produce a Bill of Quantities (BoQ) has the potential to save a great deal of money on the contract price for many reasons, both before and during the contractual agreement and also post-construction at the final account stage. But what are they exactly? And just how can they help you manage your construction project?

  • Fenwick Elliott - Contract payment mechanisms: be prepared or pay the price, 10022022

    Fenwick Elliott Senior Associates, Rebecca Ardagh and Adele Parsons, consider the latest legal developments in contractual payment mechanisms in construction contracts. The discussion will cover useful reminders regarding contract logistics and deadlines, how to avoid being caught out of pocket both in respect of interim payments and final accounts and/or final statements, and how the latter can be challenged, particularly in light of the court’s latest judgment in CC Construction v Mincione

Posts tagged final-account

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