The existing legislation does not provide for compensation in the event vintage types of bee poster that the public health powers are exercised. It will depend upon the terms of the particular contract
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could lead to the developer being at risk of not achieving practical completion by a sunset date, which can often lead to termination. vintage types of bee poster This will be subject to the considerations of whether the developer is entitled to an extension of time . Often, a tenant will be entitled to liquidated damages if the landlord or developer does not achieve practical completion by a specified date. If the landlord or developer is delayed as a result of COVID-19-related disruption to such an extent that it cannot achieve practical completion by that date, the landlord or developer may be required to pay the tenant liquidated damages. This will be subject to the considerations regarding whether the landlord or developer is entitled to an extension of time .
A contract works insurance policy is likely to be in place on most major projects. Some of these policies are combined with ‘delay in start-up’ insurance. While the triggering event for cover under those policies is usually the occurrence of damage, some policies contain extensions that cover loss that arises due to denial of access to the project site. In the event that a complete lock-down is ordered, it is possible that cover will be available under policies of that kind for the loss arising as a result of the delay. The doctrine of frustration has a very narrow scope. Frustration will not arise where there has been mere hardship – even if severe – where the event in question has been foreseen or where the change is only temporary or transient. However, with increasingly restrictive government measures being imposed, the possibility of a successful claim in frustration has increased.
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