One of the wrongs to be righted by the new Construction Act was the failure of clients (or more probably the contract administrator) to issue payment notices under the contract. The new Act gives the contractor teeth to issue his own notice.
Whether you are a contractor or an employer, the effect of the insolvency of the other party to the building contract can be disastrous. Mark Cornell considers how the effect of an insolvency event can possibly be moderated.
A new “Construction Act” will shortly introduce changes of which all main contractors and sub contractors should be aware
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