
Article – Milestone payments and Payment Provisions
In the recent Court of Appeal case of Bennett (Construction) Limited v CIMC MNS Limited, the Court considered whether certain milestone payments in the contract were compliant with the Act. We have recently been advising a client in respect of milestone payments in a building services contract and it was very helpful to rely on […]
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Article – Practical Completion: essential, but difficult to define
For the parties to a building project, achieving Practical Completion (or “PC”) is both a key objective and a commercial imperative. As the term implies, practically (if, not always actually), it means that the project is finished, and the Employer is able to take possession of the site and use the property which he has […]
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