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Contractors Must Go The Extra Mile For Preaward Review

Client Alert | less than 1 min read | 04.04.05

In Billington Contracting, Inc. (Feb. 28, 2005), the ASBCA dismissed a contractor's claim for differing site conditions under a dredging contract, because documents with the relevant detail on site conditions were referenced in a contract specification and had been available to the contractor for review. The board brushed aside the contractor's complaint that the relevant records were only identified as available some 750 miles from the project site, stating that a contractor is "bound to seek" out such information.

Insights

Client Alert | 3 min read | 02.10.26

UK FCA Proposes New Sustainability Disclosure Rules for Listed Companies

The UK Financial Conduct Authority (FCA) recently issued consultation paper CP26/5, proposing to replace the existing Task Force on Climate-related Financial Disclosures (TCFD) requirements with new rules mandating listed companies to report against the UK Sustainability Reporting Standards (UK SRS). These are based on the IFRS Sustainability Disclosure Standards developed by the International Sustainability Standards Board (ISSB)....