It is well known that the UK Construction and Civil Engineering Industries have the highest incidence of disputes…many of which arise from payment issues. Throw a pandemic into the mix, increased construction delays, non-payment, labour shortages, and cash flow becomes a struggle for many contractors. The good news is that you can take steps to reduce your risk of falling foul of payment issues and preventing cash flow problems….
Arbicon are delighted to be speaking at the Cambridgeshire Chambers of Commerce Construction Network Zoom event, where Managing Director, Jonathan Nugent, will discuss the topic: Construction Contractor Upscaling – The contractual pitfalls and how to avoid them.
Jonathan Nugent, Managing Director, explains Pay Less Notices and what to do if you receive one. Despite the detailed statutory law on payment in construction contracts being in place for almost 10 years, it is still not always understood and leaves many confused.
Contracts are an important part of the process of any construction project. A construction contract such as a JCT or NEC Contract provides important protection for Main Contractors, Subcontractors and Building Employers and is vital in preventing disputes. Primarily the contract safeguards against payments and guaranteeing adequate work, but if a dispute arises, construction contracts can also dictate how the parties move forward to resolve the issue. Simon Dunkling, Director at Arbicon ADR Ltd, Construction Dispute Experts, explains the importance of using a properly drafted written contract for construction projects and the negative impact if the corrects terms are not included.
With the construction industry starting to return to some normality, we as Construction ADR Specialists are getting asked several questions relating to the impact of Covid-19 on employers, contractors and subcontractors within the industry. With social distancing in place on construction sites, productivity has been hugely affected and many contractors have struggled to obtain the materials and supplies required for their construction works, causing delays and disruption to construction projects.
As we start another new month in lockdown, major construction firms are making big announcements about reopening their sites and the industry is starting to see light at the end of the tunnel. There is a sense of unity to those of us working in construction, knowing that the country is looking to us to keep the wheels of our economy turning.