If a construction contract calls for fittings from a foreign county, is it legally permissible for a contractor to claim additional fees due to detrimental exchange rates?

JCT_Experts · 5 February 2013 14:50

There is no such provision within JCT Contracts. However, the contractor may be able to claim expenses under JCT Standard Building Contract 2009 clause 4.24 if a delay that is no fault of the contractor is caused and during this time there is a detrimental alteration in interest rates.

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If a construction contract calls for fittings from a foreign county, is it legally permissible for a contractor to claim additional fees due to detrimental exchange rates?

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