Snagging list meaning

A B C D E F G H I J K L M N O P Q R S T U V W X Y Z Schedule of amendments A compiled list of changes to a standard form contract in which the parties record their agreed departures from the issued terms. Accordingly, it should be read alongside the underlying standard form. The parties should ensure any negotiated and agreed schedule of amendments is duly incorporated into the contract. Within NEC3/NEC4 suites, such alterations to the standard form are known as Z clauses. Refer to Practice Notes: Construction contract documents and Selection of standard form construction contracts, and to our relevant Precedent schedules under the Precedents tab in subtopics: JCT contracts 2024—overview, JCT contracts 2016, JCT contracts 2011, NEC contracts and Other standard form construction contracts. Schedule of rates/prices A schedule used in tendering when precise quantities are not established, or within a lump sum arrangement for pricing variations (often termed a Bill of Quantities). The tenderer...

This Practice Note explores how an agreement for lease with development obligations may oblige the landlord to make good defects in the works. It also considers whether adjudication under the Housing Grants Construction and Regeneration Act 1996 (HGCRA 1996) applies to agreements for lease, and outlines other avenues by which the landlord and tenant may resolve disputes arising under an agreement for lease. Defects Deficiencies in the works, whether minor or significant, commonly arise on construction schemes. Trivial items are typically captured on a ‘snagging list’ and can be addressed after practical completion, yet serious shortcomings, in either design or construction, can endanger the building’s overall structural integrity. Some will be addressed before completion, others shortly afterwards, in accordance with the snagging process. Certain ‘patent’ defects will be apparent before practical completion and the contractor will be required to remedy them before a practical completion certificate is issued (see Practice Note: Latent defects regarding patent and latent defects). Most tenants will seek to participate in the pre‑practical completion...

1 Definitions In this Agreement, the following terms apply: Actual Completion Date – the date on which the Lease is granted. Approval – permissions or licences required for the Seller’s Works by Legislation or a Competent Authority. Competent Authority – any statutory or Royal Charter body, or a utility service or supply company. Completion Date – the specified working day after service of the Completion Notice, or a named date. Completion Money – the Price less the deposits [and any Incentive], plus any agreed sums such as the Contents Price. Deposit – the stated percentage of the Price, with credit for any Initial Deposit. Interest Rate – a stated percentage above the named bank’s base rate. Lease – the lease in the form attached at Appendix 4. Legislation – UK Acts, orders, regulations, consents, licences, notices and bye laws, and approved codes of practice. Ready for Occupation – the Property is complete for safe access and use,...

date [ date ] Parties [ name of Seller ] [ being of OR incorporated in England and Wales (company registration number [ number ]) with its registered office at ] [ address ] ( Seller ) [ name of (first) Buyer ] [ and [ name of second Buyer ] both ] of [ address ] ( Buyer ) 1 Definitions In this Agreement, the terms carry the following meanings: Actual Completion Date • the day on which the Transfer is in fact completed; Approval • [ planning permission and ] any [ other ] approval, consent, permission or licence needed to allow the Seller lawfully to undertake the Seller’s Works, as may from time to time be required: (a) by or from a Competent Authority; or (b) by Legislation; Buyer’s Solicitors • [ name ] of [ address ] (reference [ details ]); [ Charge [ s ] • the charge [ s...