Letters of Intent – how to tame the beast

Guest Editor Laughlan Steer of Russell-Cooke LLP laments the all too common approach to letters of intent that is prevalent in the industry. They should be straightforward, but seldom are because best practice is often ignored.

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Reports from the courts: November 2023

Our regular round up of the court decisions of most interest to construction comes from Andrew Croft, Ben Spannuth and Daniela Miklova of Beale & Company Solicitors LLP who report on a case that warns parties to avoid linking final dates for payment to the submission of invoices/notices; and one that cautions parties about commencing a ‘true value’ adjudication until outstanding payment obligations have been complied with.

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Construction insurance: what to look out for

There were significant developments in the construction industry this year affecting the insurance outlook which Alan Stone, Tom Green, Zack Gould-Wilson and Rebecca Phipps of RPC examine for clues to what to expect in 2024.

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Construction Law Guide to: Performance security

Our regular guide to key aspects of construction law from DLA Piper has Jennifer Price-Thomas explain various types of performance security.

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‘Gold Standard’ for value and net zero in procurement launched

Constructing Excellence and Kings College London have launched an independent verification scheme designed to ensure that Government and the wider public sector adopt urgent recommendations for improved value, reduced risks and achievement of net zero on all their construction projects.

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Economic crime act receives Royal Assent

The Economic Crime and Corporate Transparency Act, which is said to contain the most significant reforms to UK corporate criminal liability in more than a decade, received Royal Assent on 26 October. The government hopes it will lead to a crackdown on economic crime such as corruption, money laundering and fraud said to be costing the UK £350 billion a year.

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Credit insurance bites construction supply chain

The Construction Leadership Council (CLC) has warned that access to insurance is becoming an increasing concern for the supply chain.

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Scottish construction transformation consultation

The Construction Leadership Forum (CLF) is consulting the Scottish construction industry on its plans for transformation of the sector outlined in its Transformation Action Plan (TAP).

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High Court ruling suggests arbitration reform might be needed

A High Court judge says he will report two lawyers involved in a controversial arbitration which he overturned to their regulatory authorities, in a ruling that is splitting option on whether it could undermine or reinforce London’s leading role as an arbitral jurisdiction. Questions are also raised over whether the arbitration process is itself in need of reform.

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Recent building safety cases: the courts are getting stuck in

Sarah Alexander of Dentons UK and Middle East LLP reviews recent court decisions relating to the growing number of building safety related cases since the Building Safety Act 2022 came into force. Developers face prosecution for failing to comply with improvement notice deadlines, one case confirms.

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