Tag: contracts
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Commerce Department ‘renegotiating’ CHIPS Act contracts
Listen to the article 4 min This audio is auto-generated. Please let us know if you have feedback. The Commerce Department is renegotiating some of the multibillion-dollar contracts to chipmakers funded by the CHIPS and Science Act, Secretary Howard Lutnick said during a congressional budget hearing Wednesday. Lutnick said that he’s pushing for funding levels that…
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How construction is incorporating ESG into contracts
Ahead of World Environment Day on 5 June, Amy Hodge and Ciara Fieldsend explore how ESG clauses are becoming more common in construction contracts, and share some examples of their use. (Image: Dzmitry Auramchik via Dreamstime.com/AI-generated) Environmental, social and governance (ESG) considerations are increasingly important in the construction industry. As laws and client expectations evolve,…
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On WhatsApp contracts and the validity of payment applications
The Court held that the informal WhatsApp conversation constituted formal acceptance of Fincham’s quotation, forming an agreement. As this was a commercial transaction, the intention to create legal relations was presumed, thus confirming that a formal contract had been formed. View the original article and our Inspiration here
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Sisk v Capital & Centric – or why not reading the full contract can lead to unintended consequences
The case of John Sisk and Son Ltd v Capital & Centric (Rose) Ltd flags the importance of reading the whole contract – and not just focus on the legal front-end, explain Jane Hughes and Jessica Barnes. (Image: Gajus via Dreamstime.com) In contract negotiations, the focus tends to be on the front-end of the contract:…
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Sisk v Capital & Centric – or why not reading the full contract can lead to costly mistakes
The case of John Sisk and Son Ltd v Capital & Centric (Rose) Ltd flags the importance of reading the whole contract – and not just focus on the legal front-end, explain Jane Hughes and Jessica Barnes. (Image: Gajus via Dreamstime.com) In contract negotiations, the focus tends to be on the front-end of the contract:…
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Former Liverpool mayor among dozen charged in council contracts probe
Former Liverpool mayor Joe Anderson has been charged with bribery and misconduct in public office following an extensive investigation relating to council contracts, the police have said. Operation Aloft, led by Merseyside Police, focused on the awarding of commercial and business contracts from Liverpool City Council between 2010 and 2020. Those charged are: Former mayor…
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Build and create JCT contracts online
JCT Construct is a subscription-based contract drafting system with advanced editing features, enabling construction professionals to create and amend JCT contracts in a secure, flexible, and easy-to-use online environment. Depending on the type of subscription chosen, JCT Construct also provides instant access to each JCT 2024 Edition contract, as soon as it is published. Using…
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Tariff worries force firms to rethink contracts
Listen to the article 11 min This audio is auto-generated. Please let us know if you have feedback. This feature is a part of “The Dotted Line” series, which takes an in-depth look at the complex legal landscape of the construction industry. To view the entire series, click here. Contractors are bracing for a fresh wave…
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Social value requirement for public sector contracts comes into force
“Over £385bn was spent on public procurement in 2022 to 2023, making up almost a third of all public spending,” said CLC in the foreword to its guidance. “The Procurement Act 2023 enables a new approach – simplifying structures and providing more flexibility to those designing procurements. View the original article and our Inspiration here
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3 more Key Bridge contracts doled out
Listen to the article 3 min This audio is auto-generated. Please let us know if you have feedback. The Maryland Transportation Authority announced three $20 million contracts for the Francis Scott Key Bridge rebuild project last week. The cargo ship Dali hit the bridge almost a year ago in March 2024, causing it to collapse…