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Interest Claim 1: Work completed prior to Arcadis defect discovery
Interest Claim 1: Work completed prior to Arcadis defect discovery
This claim related to the financing of the incurred work costs during the remedial works period. IRDL accepts that this claim was linked to critical project delay and in consequence of my judgment does not now claim any losses under this head.
- Heading
- This judgment was handed down by the court remotely by circulation to the parties’ representatives by email and released to The National Archives. The date and time for hand-down is deemed to be 9 Aug
- Interest and Financing Costs
- Interest Claim 1: Work completed prior to Arcadis defect discovery
- Interest Claim 2: Interest applicable to the recovered costs awarded (up to 23 July 2021)
- Interest Claim 3: Interest applicable to the increased cost of remedial works after completion
- Interest Claim 5: Additional Lending Fees
- Costs
- CPR Part 44
- The Costs of the Action
- The costs of Arcadis’s disclosure application
- Interim payment as to costs
- Conclusions