What is a JCT contract?
JCT contracts are usually made between an ’employer’ and a ‘contractor’ to facilitate the process of delivering a building project. They set out all of the relevant terms and conditions, including the obligations of the parties, the costs involved and specification of the project.
How does JCT contract work?
JCT contracts facilitate the process of constructing buildings. In simple terms, contracts set out the responsibilities of all parties within the construction process and their obligations, so it is clear as to what work needs to be done, who is doing it, when are they doing it by, and for how much.
What is included in a JCT contract?
It produces standard forms of contract, guidance notes and other standard documentation for use in the industry. The intention of the JCT is that the contracts generated by them represent a balanced allocation of risk between the parties.
Why use JCT Minor Works Contract?
The JCT Minor Works Building Contract is designed for smaller, basic construction projects where the work is of a simple nature. Minor Works Building Contracts are suitable for projects procured via the traditional or conventional method.
Are JCT Contracts Fixed Price?
The JCT Contract is a fixed price lump sum contract. NEC Option B offers a fixed price lump sum contract but Options C and D are target cost contracts. The JCT Contract contains provisional sums, whilst the NEC Contract does not.
Should I use a JCT Contract?
Not using a JCT contract can expose your renovation project to risk. If you don’t use a standard form of building contract you expose yourself to your contractors’ terms and conditions, or – worse still – common law to control payment, disputes, insurance and what is actually included in the works.
What is the difference between JCT and NEC contracts?
JCT provides separate contracts for employer-design or contractor-design. NEC identifies a state at completion which is defined within the works information, unlike JCT which relies upon a subjective judgement of practical completion determined at the time.
What do you need to know about JCT construct?
JCT Construct is a subscription-based contract drafting system with advanced editing features, enabling you to create and amend your JCT contracts in a secure, flexible, and easy to use online environment. With JCT Construct’s powerful tools you can edit the JCT contract text itself, adding your own amendments, clauses, or other customised text.
How can I get a JCT contract online?
Buy via the JCT store for instant digital access to your JCT contract of choice. Fill in online with an interactive Q&A, save drafts and access comparison document, print a clean copy for signature Subscription service with advanced editing features. Create your JCT contract in a secure digital environment, add amendments, clauses, and other text.
What are the different types of JCT contracts?
The JCT contracts cater for projects ranging from domestic extensions to the largest sky scrapers. The most commonly used forms are the Design and Build Contract and the Minor Works Contract. i) What is a JCT Design and Build Contract?
How does JCT digital help with contract drafting?
Modern contract drafting at your desktop. Access anytime, anywhere. JCT Digital is a suite of online services that makes the contract drafting process more convenient and flexible, whilst giving you the confidence of being able to generate a genuine JCT product, backed up by years of contract expertise and excellence.
