000			01364cam a2200229 4500
001			ABS67888
008			040702n2004 000 0 eng u
035			_a(Sirsi) u126689
100			_aCottam, G.
245			_aAvoid novation pitfalls
260			_c2004
490			_aConstruction News _v (6871) 17 June 2004, 40(1)
520			_aDiscusses recent guidelines, "Novation agreement CIC/NovAgr" (ISBN 18918671362) issued by the Construction Industry Council (CIC) which may provide an alternative to novation, which rarely benefits the contractor and can cause confusion. Novation is defined as when two parties, who have a contract between them, agree that a third party shall stand in for one of them. Warns that all parties concerned must agree on novation and they must be certain that they are not accepting further obligations which they did not have before. The CIC has issued a liability briefing "Novation of consultant's appointments on design and build projects", which is intended to provide guidance on novation. Copies of both documents are available from CIC t +44 (0)20 7637 8692.
590			_aABS
590			_aABS
650			_aNOVATION
650			_aCONSTRUCTION INDUSTRY COUNCIL
650			_aNOVATION AGREEMENT CIC/NOVAGR2
650			_aDESIGN AND BUILD CONTRACTS
690			_aBUILDING AND CONSTRUCTION-CONTRACTS
942			_n0
999			_c117646 _d117646