Here’s what we know about Liquidated damages (LDs). Firstly, they are also known as liquidated and ascertained damages (LADs). The basic principle appears to be that they exist to bring certainty. Usually this is in the case where there might otherwise be a court...
We struggled to come up with a subject for K but thanks to the recent change in monarch we are in luck. Who are the King’s Counsel? Previously known as the Queen’s Counsel (QC) under Her Majesty Queen Elizabeth II. Their title automatically changes based on the...
Our alphabet of construction law reaches its second construction contract. This time we are looking at the Joint Contracts Tribunal standard forms of contract. Established in 1931 between the Royal Institute of British Architects and the National Federation of...
Insurance of course. It’s taken us months to think of this one and it was staring us in the face all along. What is Insurance? Everything needs insurance. Whether it’s ‘Construction All Risks’, or ‘Delay in Start Up’, good old...
H Is For…Housing Grants, Construction and Regeneration Act 1996. Snappy title this month. Don’t worry you’ll be forgiven if it doesn’t sound like the most exciting article on the blog. Despite the title, this Act is possibly one of the most important in the world of...
Good Faith is one of those terms people bandy around all the time on construction sites. PMs and commercial people love to talk about acting in, ‘Good Faith’ (or ‘Bona Fides’ if they went to school with Boris Johnson). But does it actually mean...