We use cookies to improve your website experience. To learn about our use of cookies and how you can manage your cookie settings, please see our Cookie Policy. By continuing to use the website, you consent to our use of cookies. Close

CHAPTER 6 PRICE AND PAYMENT

Construction Law

CHAPTER 6 PRICE AND PAYMENT Page 438 Introduction 6.01 Two of the most important aspects of any construction or engineering project are when and how much a person is to be paid for performing work. A contractor will usually be remunerated for the performance of construction work by the payment of money. 1 The determination of when a contractor is entitled to be paid and the amount of money that it is entitled to be paid is normally agreed between the parties in advance of work being performed (or, at least, in advance of all of the work being performed), and expressed through the medium of a contract. At common law, it is open to the parties to a construction or engineering project to agree upon whatever payment arrangements they like, with regards to both the amount that is to be paid to the contractor and the circumstances in which it is to be paid. Freedom of contract reigns.

The rest of this document is only available to i-law.com online subscribers.

If you are already a subscriber, please enter your details below to log in.

Enter your email address to log in as a user on your corporate account.
Remember me on this computer

Not yet an i-law subscriber?

Devices

Request a trial Find out more