Team v Kier: judgment day
Powell-Smith, V.
Team v Kier: judgment day - 1993 - Contract Journal 368(5930) 24 June 1993, 13(1) .
Discusses "Team Service v Kier Management and Design" CA (Abs47592) upholding the contractors` entitlement to deduct a cash discount from interim payments made to subcontractor as under the subcontract terms there was no reference to time limits for deduction.
BUILT ENVIRONMENT-BUILDING CONTRACT FORMS
CASH DISCOUNT
CLAIMS
CONTRACTUAL CLAIMS
INTERIM PAYMENTS
RETENTION MONIES
SUBCONTRACT CLAIMS
Team v Kier: judgment day - 1993 - Contract Journal 368(5930) 24 June 1993, 13(1) .
Discusses "Team Service v Kier Management and Design" CA (Abs47592) upholding the contractors` entitlement to deduct a cash discount from interim payments made to subcontractor as under the subcontract terms there was no reference to time limits for deduction.
BUILT ENVIRONMENT-BUILDING CONTRACT FORMS
CASH DISCOUNT
CLAIMS
CONTRACTUAL CLAIMS
INTERIM PAYMENTS
RETENTION MONIES
SUBCONTRACT CLAIMS