Cost of drafting Precedent H

PD 3E para.7.2 is a deceptively simple provision: “Save in exceptional circumstances- (a) the recoverable costs of initially completing Precedent H shall not exceed the higher of £1,000 or 1% of the approved or agreed budget” Without any further qualification, the £1,000 figure must be taken to be inclusive of any success fee or VAT […]

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