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What Is Procurement In Construction?

The cornerstone of any successful construction project hinges on the efficient acquisition of the necessary resources. Procurement, the process of obtaining goods, services, and works required to complete a building project, plays a vital role in ensuring timely delivery, budget adherence, and quality construction. At Blackstone Solicitors, a leading law firm across England and Wales, […]

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What Is Performance Guarantee In Construction Contracts?

Blackstone Solicitors explores the role of performance guarantees in construction contracts within the legal framework of England and Wales. A robust construction contract goes beyond outlining the scope of works and payment schedule. Performance guarantees – also known as performance bonds – act as financial safeguards, offering peace of mind for employers (clients) embarking on […]

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