Should the act apply to PFI?

Article Abstract:

Major Contractors Group Director Jennie Price suggests the UK Construction Act should be changed because it will make negotiations for private finance initiatives (PFI) more lengthy. The exclusion order needs to be altered as agreements between contractors and special purpose vehicles (SPV) will make SPVs liable to pay contractors even if they have not received any funding. Cameron Mckenna Solicitor and Partner Ann Minogue points out PFI contracts should not be excluded from the Construction Act because it could result in many other developments also be excluded, making the new act redundant.

Construction industry, Column, Beliefs, opinions and attitudes, Price, Jennie, Minogue, Ann

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A year to remember

Article Abstract:

The UK construction industry underwent many legislative changes during 1998, involving arbitration and liability. The introduction of part two of the Construction Act 1996 meant changes to payment methods, date definitions and adjudication provision. The industry is seeking a wider use of adjudication as a mediation methods. Hopes of changes to liability legislation proved fruitless when the UK government failed to implement changes suggested in a reform study carried out in 1997.

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The American way

Article Abstract:

A comparison of US and UK construction law is presented. In the US the employers are responsible for the risk on construction projects compared to the UK where contractors take on responsibility.

United States

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