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Set-Off in the Construction Industry

Autor Neil F Jones
en Limba Engleză Paperback – 18 iun 1999
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.
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Specificații

ISBN-13: 9780632048243
ISBN-10: 0632048247
Pagini: 208
Dimensiuni: 170 x 244 x 11 mm
Greutate: 0.37 kg
Ediția:2nd Revised edition
Editura: Wiley
Locul publicării:Chichester, United Kingdom

Descriere

Cash flow was described by Lord Denning as the a lifeblooda of the construction industry, and nowhere is the significance of cash flow more apparent than in the area of set--off. The question of which party is to hold the money pending resolution of a dispute is of major concern on many contracts.