The past 12 months contain some interesting UK construction contracting developments, including: the release by the Joint Contracts Tribunal (JCT) of the much-anticipated 2024 updated versions of its family of contracts; the market grappling with the practical effects of the building safety regime and how to deal with gateways 2 and 3; and certain high-profile insolvencies leading to a reconsideration of performance security.
UK universities can expect to have to make disclosures about the sustainability of their operations in line with international standards years before they will be legally obliged to do so, to continue to access finance and meet the expectations of students.
The ‘construction mafia’ in South Africa is a rising concern with the group continuing to make use of a range of disruptive tactics to extort contractors.
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