Are you up to date on Contractual Awareness?
Companies in our sector often spend huge sums insuring themselves to cover a variety of risks but do they ‘invest’ enough in ensuring that they are constantly up to date on contractual issues that could potentially have a devastating impact on their business(es)?
Only recently Grove v S&T has been handed down from the Court of Appeal – will this change the way that companies should manage their applications for payment and payments down the line to their sub-contractors? Another case involving a fire and a sub contractor’s works in a factory has clarified the law on limiting your liability in the event of defective work, so does this mean that you should review your terms of business?
CAB’s next Contract Seminar entitled ‘Legal Update and Sub Contract Management’ on Wednesday 5 December at the Forest of Arden Hotel, Meriden (free to members), will answer both these questions and many more, including how the ‘Aldous Bill’ which concerns retention, can affect your business. ‘With regards to ‘Concurrent delay clauses’ – a recent case has provided clear guidance on a popular contract amendment regarding liability for concurrent delays. This represents a vital update for all contractors and subcontractors.
Forming subcontracts is the second theme of the seminar and will look specifically at how problems with formation of contracts constantly arise. This will ensure that CAB members are able to better understand the law on contract formation and review the way they currently procure their contracts (both with their clients and down the line to their subcontractors). A further key element under this heading is regarding ‘Design’ and what members need to include in their contracts to ensure that they are suitably protected.
For details on this seminar and other organised by CAB, contact Jessica Dean on 01453 828851 or email email@example.com