Time is on its side
Language: English Series: Building ; 271(8426) 13 April 2006, 59(1)Publication details: 2006Subject(s): Summary: Argues that the provisions as to terminal float in NEC3 encourage collaborative working and transparency, in that whilst a contractor is obliged to disclose the float in its programme, it is entitled to preserve it when changes are made to the completion date. Any delay caused to planned completion by a compensation event is added on to the completion date, even if this occurs through contractor default. Also considers ownership of the float, arguing that the Society of Construction Law's (SCL's) guidance that it should be owned by the project is unsatisfactory, and looks at whether a contractor can claim for loss and expense if it is prevented from achieving its own completion date.| Item type | Current library | Call number | Copy number | Status | Barcode | |
|---|---|---|---|---|---|---|
| Journal article | London Journal article | L133196 (Browse shelf(Opens below)) | 1 | Available | 133196-1001 |
Argues that the provisions as to terminal float in NEC3 encourage collaborative working and transparency, in that whilst a contractor is obliged to disclose the float in its programme, it is entitled to preserve it when changes are made to the completion date. Any delay caused to planned completion by a compensation event is added on to the completion date, even if this occurs through contractor default. Also considers ownership of the float, arguing that the Society of Construction Law's (SCL's) guidance that it should be owned by the project is unsatisfactory, and looks at whether a contractor can claim for loss and expense if it is prevented from achieving its own completion date.