PBAs cut contract costs

Highways England (HE) has let contracts valued at a total of over £10bn on projects using Project Bank Accounts (PBAs) in the last three years, the road operator reports.

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New highways contract launch

A groundbreaking new suite of resources to help simplify and standardise the way Local Highway Authorities procure highway services and manage their term maintenance contracts, has been produced by the Highways Maintenance Efficiency Programme (HMEP).

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Late payment hidden cost revealed

Main contractors admit to taking over 75 days to make payments in a survey by construction software specialists Textura Europe.

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Squaring the corruption circle

The World Bank is not an institution with a reputation for being a leading light in much outside banking, although it is acknowledged as being well stocked with very bright and highly educated people. One of its economists has just hit the headlines for providing a new proof of Pythagoras’ theorem – the one about isosceles triangles (check Wikipedia if you need to know more).

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Benefit banned from own breach

In our latest alternative dispute resolution series article Russell Banfi of Clyde & Co reports on a rare TCC consideration of an arbitration arising out of a dispute under a FIDIC form of contract.

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Insurance fraud taken to task

Insurance expert John D Wright of JD Risk Associates explains the background to a government investigation into insurance fraud which has produced an interim report. Exaggerating the quantum of claims is also fraud, he warns.

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Tender award is not the end of the game

Vijay Bange of Trowers & Hamlins examines how and why procurement decisions are so frequently being subject to post award challenge.

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Recovering adjudication costs

Winning an adjudication is no guarantee of a financial advantage, as Andy Mather of Macfarlanes points out. There are some potential ways to recover costs, but they need to be tested in court.

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Kitchen sink drafting style under scrutiny

Michael Sergeant of Holman Fenwick Willan considers the recent Court of Appeal case of Hojgaard v E.ON and the challenges it presents for those drafting and negotiating construction contracts.

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Beware specified perils

Jenny Barnett of Pinsent Masons examines risk allocation through the insurance provisions of a JCT Design & Build contract. Specified perils can justify a contractor being granted an extension or a claim even where damage results from his own negligence, she finds.

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