Construction

The construction industry is a hugely important part of the UK economy and is often seen as the barometer against which the UK’s economic performance can be tested. All construction, development or related projects, of any size will invariable involve a number of different parties with numerous different legal agreements. It is crucial for the smooth running of a project to get an early grasp on who will be required and on what basis the parties will be contracting with one another.

Legal agreements on construction projects are often lengthy and complex with many different agreements required to work together to ensure a successful working relationship between the parties.

Whether you are starting out in the construction industry and require strategic legal advice on the various procurement options or are an experienced property developer seeking legal advice on complex developments, we have the experience and the knowledge to help.

We are able to advise employers, main-contractors, sub-contractors or consultants, in all aspects of construction projects. We have experience in advising on the standard forms of building contracts as well as in producing and advising on bespoke building and development agreements, sub-contracts and consultants appointments.

In addition, if you are providing finance for a construction project and want to ensure that your security is protected, we can help. We are able to review the contracts in place and advise on suitable collateral warranties and other protections to ensure that your investment is as safe and secure as it possibly can be.

Depending on which position you have adopted in the construction project, it is important to consider what contractual protections you will require and you may wish to consider obtaining bonds, guarantees, collateral warranties or confirmations on third party rights.

Examples of recent work include:

  • Advising a leading property developer on a building and development contract for three plots worth in excess of £1,000,000. 
  • Advising a local property developer on the building contract with its contractor for the building, development and eventual sale of a single plot worth in the region of £13,000,000. 
  • Advising a leading bank on the construction aspects (including main building contracts and collateral warranties) of its lend in respect of the development of a single plot worth in the region of £16,000,000. 
  • Advising a leading property developer in relation to the professional appointments and associated collateral warranties on a site worth in excess of £20 million. 
  • Advising a leading global AV solutions company in relation to various JCT agreements as well as drafting and advising on a schedule of amendments to the JCT Design and Build contract.

 

For specialist legal advice please contact Cesare McArdle on 01189 899 709 or by email at cesare.mcardle@herrington-carmichael.com


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