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In defence of the Prompt Payment Code
There has been much talk in recent months about the government’s strategy on late payment, with frequent references to strengthening of the Prompt Payment Code (PPC).
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Double jeopardy risk exposed with collateral warranties
Amec’s recent case highlighted how you can end up facing two claims for the same issue if the first payout isn’t used to carry out the work, as William Drewery explains.
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Commercial expectations plummet
Anticipations of commercial activity fell at their sharpest rate for 18 months in August as developers began to hesitate over new projects until the outcome of October’s Comprehensive Spending Review.