Our construction team discuss key topics affecting the construction sector, starting with a two-part series on whether there are any ‘quick fixes’ that can be incorporated into construction contracts that might reduce the risk of contractors going insolvent.
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Construction contracts: any quick fixes to reduce the risk of insolvency? An expert's view
Stefan Fenk chats with guest David Gibson, CEO of DGA Group, a specialised construction global consulting firm, about advance payment and price adjustment clauses. These are two quick fixes that can be incorporated into construction contracts that might reduce the risk of contractors going insolvent. David shares his knowledge and experience of these clauses in practice and offers top tips for using both clauses.
Construction contracts: any quick fixes to reduce risk of insolvency?
Stefan Fenk and Sam Kelsey discuss whether there are any ‘quick fixes’ that can be incorporated into construction contracts that might reduce the risk of contractors going insolvent, focusing on advance payment and price adjustment clauses.
Key contacts
Stefan Fenk
Partner
Stefan Fenk has over 10 years’ experience in construction, engineering and infrastructure law.
More about Stefan
Samantha Kelsey
Senior Associate
Samantha Kelsey has over ten years’ experience in international arbitration and specialises in large-scale construction disputes.