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Variations on a theme

By: Series: Building ; 265(8156) 6 October 2000, 86(1)Publication details: 2000Subject(s): Summary: Considers the impact of the recent ruling in "Weldon Plant Ltd v Commission for the New Towns", on how to value variations under clause 52 of the ICE form of contract. Suggests that: if a bill rate can be applied it should be, even if it is wrong; if a bill rate cannot be applied, a fair rate should be inferred; it should take account of profit and overheads.
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Item type Current library Call number Copy number Status Barcode
Journal article London Journal article ABS62944 (Browse shelf(Opens below)) 1 Available 108888-1001

Considers the impact of the recent ruling in "Weldon Plant Ltd v Commission for the New Towns", on how to value variations under clause 52 of the ICE form of contract. Suggests that: if a bill rate can be applied it should be, even if it is wrong; if a bill rate cannot be applied, a fair rate should be inferred; it should take account of profit and overheads.