Monthly Archives: March 2014

Who will bid more than £10 million?

Some time way back last year, there was dissatisfaction expressed in certain quarters that a two-tier system was evolving in relation to the cases which were to be the subject of the cost budgeting rules introduced as part of the Jackson Big Bang reforms.

Put simply, while the “smaller” cases were to be subject to the rules requiring the parties to submit a properly costed budget for each case on pain of sanctions in accordance with Civil Procedure Rules 3.12-3.18, cases which involved more than £2m were to be exempt.

It was rather as if a builder was required to submit a fully costed schedule of works for constructing something apparently straightforward like a conservatory extension but the same builder was exempt from submitting any detailed costings for the construction of a mansion at a cost in excess of £2m. Continue reading