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In the wake of Midland Expressway

By: Contributor(s): Language: English Series: Building ; 271(8427) 21 April 2006, 70-71(2)Publication details: 2006Subject(s): Summary: Considers the implications of the decision in "Midland Expressway v Carillion Construction Ltd" ([2005] EWHC 2963, L132321) for PFI subcontracting. Examines the circumstances in which Equivalent Project Relief (EPR) provisions can be challenged, and the steps that can be taken by project companies to mitigate the risk of claims from subcontractors. These include share transfer restrictions, subordination of claims provisions, or inclusion of a longstop final date for any monetary EPR claims.
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Item type Current library Call number Copy number Status Barcode
Journal article London Journal article L133261 (Browse shelf(Opens below)) 1 Available 133261-1001

Considers the implications of the decision in "Midland Expressway v Carillion Construction Ltd" ([2005] EWHC 2963, L132321) for PFI subcontracting. Examines the circumstances in which Equivalent Project Relief (EPR) provisions can be challenged, and the steps that can be taken by project companies to mitigate the risk of claims from subcontractors. These include share transfer restrictions, subordination of claims provisions, or inclusion of a longstop final date for any monetary EPR claims.