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04 Aug 20201 minute read

A ‘new normal’ for contract terms

ECAtoday
A ‘new normal’ for contract terms

Build UK has recently updated its 2019 initiative which identified ‘Six contractual sins’ – significant contractual inclusions which should not be regarded as acceptable in the industry. 

Now re-badged as ‘Creating a new normal’, the focus is on managing rather than transferring risk. Read more >

For a more extensive analysis of this important subject, Members are advised to first read ECA’s comprehensive Guidance on Onerous Terms. Read here >

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