Guest editor Vijay Bange of Trowers & Hamlins supports the recent evolution in the use of liquidated damages that makes it wise for contractors to speak to clients before making key project personnel changes.
Bidding burden must come down
A recently published survey of bidding costs among the UK’s contractors and consultants makes for some worrying reading. That the costs are high and rising is widely appreciated within the industry but to see the extent of the problem spelled out will be a shock to some.