YOU SAYTOMATO

摘要

In the wake of the recession, one situation that continues to crop up frequently is that of outstanding payments due at the point of contractor insolvency.Most standard form contracts do not cover the common situation where a contractor is, to all intents and purposes, insolvent but has not yet entered an official state of liquidation or administration. What happens on site during the weeks running up to such an event causes employers realheadaches in terms of payments due, unless specific amendments have been made to the contract to address this risk.