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No time to lose in settling claims

By: Language: English Series: Construction News ; (6934) 15 September 2005, 40(1)Publication details: 2005Subject(s): Summary: Raises the issue of how, when workloads drop, firms may look to previous jobs with unsettled accounts. Points out that if the gap has been too long the claim may be worthless, as the limitation period for claims starts to run when cause first arises. Consequently recommends starting proceedings straightaway if a claim is unanswered. Suggests checking contracts for stated time periods, as it may include a clause under which rights may be forfeited if its procedures are not followed.
Holdings
Item type Current library Call number Copy number Status Barcode
Journal article London Journal article L131045 (Browse shelf(Opens below)) 1 Available 131045-1001

Raises the issue of how, when workloads drop, firms may look to previous jobs with unsettled accounts. Points out that if the gap has been too long the claim may be worthless, as the limitation period for claims starts to run when cause first arises. Consequently recommends starting proceedings straightaway if a claim is unanswered. Suggests checking contracts for stated time periods, as it may include a clause under which rights may be forfeited if its procedures are not followed.