Payment problems and how to avoid them

How can construction businesses minimise the risk of getting it wrong when grappling with payment mechanisms, asks Rowan Turrall? The post Payment problems and how to avoid them appeared first on Construction Management.

Target Cost contracts compared: NEC4 Option C versus JCT TCC

The launch of the Joint Contracts Tribunal's (JCT) Target Cost contract (TCC) 2024 introduces a compelling new contender to NEC4 Option C's dominance in target cost contracting, potentially reshaping procurement strategies across both public and private sectors.

Construction Management - Payment problems and how to avoid them 21112022

How can construction businesses minimise the risk of getting it wrong when grappling with payment mechanisms ... an article from the CIOB's Construction Management magazine

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