Image from Google Jackets

All at sea on variations

By: Series: Construction News ; (6686) 5 October 2000, 30(1)Publication details: 2000Subject(s): Summary: Offers advice on how to go about making changes to, or renegotiating, a contract. For instance, while contracts may be varied by consent, it is imperative the agreement is properly evidenced. It is also advisable to fulfil existing obligations pending the adjustment of obligations. Finally, threatening to suspend performance before the conclusion of a deal is not advisable and may mean that any subsequent agreement is void. Looks at "DSND v Petroleum Geo-Services (PGS)" which illustrates some of these points.

Offers advice on how to go about making changes to, or renegotiating, a contract. For instance, while contracts may be varied by consent, it is imperative the agreement is properly evidenced. It is also advisable to fulfil existing obligations pending the adjustment of obligations. Finally, threatening to suspend performance before the conclusion of a deal is not advisable and may mean that any subsequent agreement is void. Looks at "DSND v Petroleum Geo-Services (PGS)" which illustrates some of these points.