The defendant company had contracted for construction works at HMNB Clyde. The contract provided for payment to vary according to actual costs and a profit margin, but subject to a maximum. The costs would now well exceed the maximum charge, and argued that since the parties had ceased to use the change procedures, it was entitled to renegotiate and claim their actual costs and a profit margin.
Judges:
Coulson J
Citations:
[2015] EWHC 1150 (TCC)
Links:
Jurisdiction:
England and Wales
Construction, Contract
Updated: 31 December 2022; Ref: scu.546221