The impact of the Budget on the construction industry

Disappointingly, there were few mentions for the construction industry in this year’s Budget despite its capacity as a sector to generate employment and regeneration.

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Insurers – victims or villains?

Many in the construction industry have tales to relate of sharp practice by insurers trying to wriggle off the hook of claims, but insurance expert John D Wright of JD Risk Associates argues that insurers are often more sinned against.

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Legal terms explained: Repudiation

The general remedy for breach of contract is damages. However, some breaches may be so fundamental as to entitle the innocent party to treat the contract as discharged, thereby relieving them from further performance of their obligations under the contract and entitling them to claim damages.

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News in brief: June 2012

Two construction firms have been fined for health and safety breaches by Liverpool Crown Court after a 79 metre tower crane collapsed onto a city centre apartment block in the city, resulting in the crane driver being paralysed from the waist down.

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Late payment plea

Business support group, the Forum of Private Business has thrown its weight behind industry campaigners calling for government action to end late payment practices.

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Treasury support lacking

The Treasury is failing to engage with the Major Projects Authority (MPA) – a key organisation set up as part of the drive towards more efficient project delivery – as strongly as government spending watchdogs at the National Audit Office (NAO) had hoped.

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Review finds cost savings

The government claims to have identified savings in infrastructure costs representing half of the £3,000 million annual savings target of its Infrastructure Cost Review programme.

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CDM is money well spent

The Construction (Design and Management) Regulations (CDM) have been with us since 1994, since when they have been revised only once, in 2007. The original Regulations had gone some way towards putting responsibility for safety where it could most effectively be handled, starting with the design, while also ensuring that no one in the supply chain, including clients, could wash their hands of safety.

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When advice on the law is not legal advice

Edward Freeman of Clyde & Co points out that a recent case has highlighted that clients and their advisers need to give serious consideration as to how and by whom advice is given in adjudications and other forms of ADR.

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Risk financing and management

Insurance expert John D Wright of JD Risk Associates says risk management is no longer the new kid on the block but has evolved to become a key management tool. The insurance market has responded.

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