Construction Contracts: Who Bears the Risk of Cost Overruns?

Julian Bailey and Ralph Goodchild | White & Case Construction contracts may be priced in a number of ways. For most contracts, even those which are “fixed price”, there is usually scope for cost/price variability. Four cases from December 2020 highlight some of the difficulties that can arise when parties agree that payment should be… Continue reading Construction Contracts: Who Bears the Risk of Cost Overruns?

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