Introduction

8.1 Costs budgeting is a creature of the Jackson reforms and is now well established in TCC litigation. It applies automatically to all cases commenced after 22 April 2014 of a value up to £10 million (see CPR 3.12, 3.13 and PD 3E.1 – up from £2 million under the old regime for cases commenced before 1 April 2013 but before 22 April 2014), and at the Court’s discretion thereover (see CPR 3.12(1A) and CIP Properties (AIPT) Ltd v Galliford Try Infrastructure Ltd 1).