No time to lose in settling claims
Cottam, Guy
No time to lose in settling claims - 2005 - Construction News (6934) 15 September 2005, 40(1) .
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.
No time to lose in settling claims - 2005 - Construction News (6934) 15 September 2005, 40(1) .
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.