What is the effect of the new Fixed Recoverable Costs (FRC) regime on enforcement costs clauses in commercial contracts? Is there any relevance to the contracting out of FRC?
Louise Satterthwaite What does an enforcement clause deal with? An enforcement clause outlines how the contracting parties’ obligations, duties or responsibilities will be enforced under the contract. They also indicate the repercussions of a failure to fulfil the contract. Prior to October 2023 parties to commercial disputes would often rely on the costs provision included…