Set-Off in the Construction Industry

ISBN-13: 9780632048243 / Angielski / Miękka / 1999 / 208 str.

Neil F Jones & Co

Opis

If one party to a construction contract does work that turns out to be defective, the other party is allowed by law to 'set off' or deduct a sum required to make good that defect. This happens frequently in construction contracts and regularly involves large sums of money, disputes, and litigation. It is a complex area of the law with a number of cases, as well as the contractual provisions themselves, which prescribe a party's right of set-off. This book clearly describes the law and examines the provisions of the main building and civil engineering contracts.

Spis treści

The nature and history of set–off; Express set–off provisions and adjudication; Order 14 and Order 29 applications and set–off; Set–off clauses from selected standard forms of sub–contract

Blurb

If one party to a construction contract does work which is defective, the other party is allowed by law to ′set off′, or deduct, a sum required to make good that defect. This happens frequently in construction contracts and regularly involves large sums of money and disputes and litigation. It is a complex area of the law with a number of cases, as well as the contractual provisions themselves, prescribing a party′s right of set–off. This book clearly describes the law and looks in detail at the provisions of the main building and civil engineering contracts.