In or Out of Time? Time bars in Engineering, Procurement and Construction Contracts in the UK
In or Out of Time? Time bars in Engineering, Procurement and Construction Contracts in the UK
A time bar is generally considered to be a provision in a contract that places a limit on the time within which a party can claim an entitlement. Time bars can relate to, amongst other things, an entitlement for an extension of time or for payment for additional works.
A recent High Court decision has emphasised the importance of ensuring that contracting parties are aware of the requirements imposed by any time bars in their contracts, and the consequences of failing to comply with those requirements.
This course delves into the world of time bar clauses within EPC contracts, helping you navigate the complex landscape of project management and dispute resolution.
By the end of this course, you should be able to:
- Explain the fundamental concepts of time bars in EPC contracts
- Learn how time bars govern claims for extensions of time and increases in contract price
- Examine typical clauses and their key elements, including notice periods and triggering events