JCT will look to Industry’s Future at Parliamentary Reception

JCT will be hosting its first Construction Industry Parliamentary Reception since the Covid-19 pandemic, focusing on the future of the construction industry and support for young professionals. The event, taking place on Friday, 17 June 2022, is an exclusive occasion for JCT’s members and guests, celebrating the achievements of JCT and the wider industry, raising awareness of important issues or new developments, and an opportunity to thank those professionals involved in making JCT a success. This year’s event will highlight the future of the built…

JCT Updates Project Bank Account Documentation for 2022

JCT has announced the release of Project Bank Account Documentation 2022 (PBA 2022). The Project Bank Account documentation is designed to help parties to a JCT contract who wish to set up a Project Bank Account as part of their fair payment practices. PBA 2022 comprises three parts: JCT Project Bank Account Agreement (PBA). This includes the JCT form of Joining Agreement (PBA/JA). Enabling Provisions for insertion into the Building Contract and Sub-Contracts requiring the relevant parties to enter into the PBA. Guidance Notes. The…

JCT adds Video Training Modules to its JCT Training initiative

JCT Training Video Modules is a new package launched by JCT as part of its JCT Training initiative. The video modules provide a short, introductory segments on some of the key elements of JCT contracts. They are convenient and useful for those wishing to refresh their knowledge of a particular aspect of a contract or familiarise themselves with a JCT contract for the first time. Available via the JCT Online Store, the videos can be purchased either individually, where a quick-reference guide on a particular…

“Whilst cost will never die, value will become king” – Keith Waller gives the JCT Povey Lecture 2021

Value, as a driver to achieving transformation in the construction industry, and in particular considering value beyond the capital phase of construction and infrastructure projects, was the message from Keith Waller, programme director of the Construction Innovation Hub (CIH), in delivering the JCT Povey Lecture on Thursday, 25 November 2021. Value is one of the core themes of the CIH’s transformation programme, whose mission is to ‘create better outcomes for current and future generations by driving the adoption of manufacturing and digital approaches that improve…

JCT Povey Lecture 2021: “How can value based decisions drive construction’s transformation?”

  JCT Povey Lecture 2021 “How can value based decisions drive construction’s transformation?” Keith Waller, programme director, Construction Innovation Hub About the Povey Lecture The JCT Povey Lecture is an annual event at which an eminent person is invited to give their thoughts on significant matters that are relevant to the construction and property industry. The purpose of the lecture is to stimulate thought and encourage ways of continuing to improve the quality and value of construction output. The event was inaugurated in 2003 to…

Keith Waller to give JCT Povey Lecture 2021

‘How can value based decisions drive construction’s transformation?’  will be the topic of the JCT Povey Lecture 2021, presented by Keith Waller, programme director of the Construction Innovation Hub. Value is one of the four core themes of the Construction Innovation Hub’s transformation programme, whose mission is to ‘create better outcomes for current and future generations by driving the adoption of manufacturing and digital approaches that improve the delivery, resilience and performance of infrastructure’. Keith Waller’s presentation will explore how value based decision making that…

JCT Home Owner Contracts 2021 Edition launched

JCT has launched the latest edition of its contracts for Home Owners, JCT Home Owner Contracts 2021. The new edition of the contracts includes the Building Contract for a Home Owner/Occupier who has not appointed a consultant to oversee the work (HO/B) 2021 and the Building Contract and Consultancy Agreement for a Home Owner/Occupier (HO/C and HO/CA) 2021. For the first time, the Home Owner contracts are available via the JCT On Demand digital service. Users will be able to purchase their contract via the…

Back to the future: JCT’s 90-year history provides platform for next generation of digital contracts

2021 marks the 90th year since the formation of JCT. 1931 was in many respects a ground-breaking year for the construction industry. Whilst mention of the use of standard forms of construction contract goes back to the 19th Century, the creation of JCT formally recognised the need within the building industry for a standard process of entering into a contract that minimised the outlay of costly bespoke provisions, fairly apportioned risk, and included benchmark sets of provisions that reflected precedent. Such was this cultural shift…

JCT updates digital Covid-19 hub

JCT has created a Covid-19 hub online containing information resources for construction professionals and contracting parties who are considering the impact of Covid-19 on their existing projects or are preparing contract documents for new projects. The situation with Covid-19 has been changing and moving rapidly as the wider implications on the industry are being considered from a legal perspective. The content, which contains articles from JCT and relevant content from other industry bodies, aims to keep construction professionals up-to-date with useful information. The content featured…

JCT announces autumn 2021 training dates

JCT has released the latest batch of dates for the autumn series of JCT Training Online courses, continuing to offer training on core contracts from the JCT 2016 Edition. The dates for October/November 2021 include courses on the JCT Design and Build Contract 2016, JCT Intermediate Building Contract 2016, and JCT Minor Works Building Contract 2016. The contract-specific courses provide an in-depth look at their respective forms and variants, enabling participants to learn about setting out the contract and what provisions are included. The aim…