: A standout novelty, this allows for pre-calculated liquidated damages for contractor overheads during compensable delays, using a specific formula in the contract data.
Originally intended for projects valued under USD $500,000, the Green Book is now marketed for a much broader range of small-to-medium scale works, including those with a capital value up to approximately . It is primarily used for: short form of contract 2nd ed 2021 green book pdf hot
: Claims and variations are now separated into distinct routes, with a 28-day notice period for claims. Structure and Acquisition : A standout novelty, this allows for pre-calculated
: Projects where the perceived level of risk is low. Structure and Acquisition : Projects where the perceived
: Standardized fees are now set for terminations, such as 10% of the value of unexecuted works if terminated by the contractor for cause.
: Works typically completed within a short duration. Key New Features in the 2nd Edition