Peter Marsh's book has long been recognized as a standard work. With its emphasis on the commercial aspects of contracting, it represents an eminently practical guide to this complex subject for purchaser and contractor alike. It covers contract planning and contract administration, deals with both the preparation and the appraisal of tenders and explains in detail how to draft the key clauses in a contract to ensure the maximum advantage. For this new edition the text has been thoroughly revised to take account of recent changes in law and practice, including the impact of the relevant EU Directives, the introduction of the new engineering contract, the issue of the Latham Report and the sixth edition of the ICE conditions. In its revised version the book will continue to serve the needs of purchasing and contracts staff, engineers, quantity surveyors, project managers and legal advisers seeking a reliable source of guidance.