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Set Off in the Construction Industry
Neil F. Jones
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Description for Set Off in the Construction Industry
Paperback. 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. Num Pages: 208 pages, black & white illustrations. BIC Classification: 1DBKE; 1DBKW; KNJ; LNCJ. Category: (P) Professional & Vocational; (UP) Postgraduate, Research & Scholarly; (UU) Undergraduate. Dimension: 243 x 175 x 12. Weight in Grams: 520.
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.
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.
Product Details
Format
Paperback
Publication date
1999
Publisher
John Wiley and Sons Ltd United Kingdom
Number of pages
208
Condition
New
Number of Pages
208
Place of Publication
Hoboken, United States
ISBN
9780632048243
SKU
V9780632048243
Shipping Time
Usually ships in 7 to 11 working days
Ref
99-50
About Neil F. Jones
Neil F. Jones, LLB, FCIArb is a practising solicitor with the national law firm, Pinsents. He is a well known figure in the industry and was founding member of the highly successful niche construction firm, Neil F. Jones. He is a Council member of the Joint Contracts Tribunal and is Chairman of its Drafting Sub-Committee. He is also the retained ... Read more
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