Smart Contracts – What Are They and How Do They Fit in With Traditional Contracts?

Blog Authors: Charles Maurice, Partner and Daniel Fournier, Paralegal – Stevens & Bolton LLP   Smart contracts – fruit of the nascent distributed ledger technology – are an emergent disruptor to the legal landscape, but what are they and how do they fit in with traditional contracts? You might be forgiven for thinking that contract law in the UK is neither modern nor smart: after all at times we still rely on legal principles handed down in judgments from the Victorian era and earlier. However,…

Post-Brexit Procurement Reforms to Take Shape in 2022

Blog Author: Graeme Young, Partner and Kirsti McKenzie, Associate – CMS On 6 December 2021, the Cabinet Office published its plans for transforming public procurement rules post-Brexit. The plans involve introducing primary legislation to Parliament in the form of the Procurement Bill, which will be further implemented through secondary legislation together with ‘a detailed package of published resources (statutory and non-statutory guidance on the key elements of the regulatory framework, templates, model procedures and case studies)’. These reforms were consulted on over a year ago (the Green Paper was…

JCT’s Updated PBA 2022 Now Available in Hardcopy and Digital Formats

Back in February, JCT announced the release of the Project Bank Account Documentation 2022 (PBA 2022). The new product is now available in all formats, including hardcopy, JCT On Demand digital, and as part of the JCT Construct subscription service, via the JCT Online Store. 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)….

Interdisciplinary Biomedical Research Building, University of Warwick

The University of Warwick’s Interdisciplinary Biomedical Research Building (IBRB) is a world class research facility, remarkable for its extensive use of offsite manufacture which ensured it could be delivered to quality and timescale, whilst also being highly sustainable. The project was built on a JCT Design and Build Contract. The IBRB is a £33m project providing a state-of-the-art facility on the University of Warwick’s Gibbet Hall campus. It was designed by Hawkins Brown Architects and Fairhurst Design Group. The main contractor was Wilmott Dixon. Apropos…

JCT Digital – Are You Making the Most of Our Online Services?

Flexible options to buy and work with your JCT contracts online, plus an important notice about our JCT Contracts Digital (CD) Service JCT is committed not only to best practice in creating its suite of contracts but also in their delivery, including embracing the latest digital technologies to support the drafting process and make accessing JCT contracts easier. Two years ago, we launched our current digital services, JCT On Demand and JCT Construct, not knowing the unprecedented set of challenges the construction industry was about…

JCT Interviews…Robert Alflatt

In the JCT Interviews… series we shine the spotlight on some of the key people who are involved with or give their time to support JCT, showing the diverse range of disciplines across the construction industry that our members represent and the collaborative work that contributes to the development of our contracts. We look at how our interviewees contribute to JCT specifically and gain their views on the wider industry and JCT’s role within it. Robert Alflatt Member, JCT Council Member, JCT Drafting Sub-Committee Group…

JCT Training Video Modules – Brush Up on Your JCT Contract Knowledge

JCT Training Video Modules is the latest option available from JCT as part of its JCT Training initiative. The video modules provide a short introduction to 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 aspect of a…

JCT’s Young Professionals Group Launches New ‘JCTea’ Networking Initiative

‘Let’s catch up over JCTea’ is an initiative developed by JCT’s Young Professionals Group (YPG), to promote networking and get to know new members by way of an informal monthly catch up. The scheme pairs up members who have signed up to take part each month at random for a short informal catch up of around 15-20 minutes. The idea behind the initiative is to introduce new members, get conversations flowing, learn about some of the different disciplines that make up YPG (and JCT) membership,…

JCT Interviews…Steve Wood

In the JCT Interviews… series we shine the spotlight on some of the key people who are involved with or give their time to support JCT, showing the diverse range of disciplines across the construction industry that our members represent and the collaborative work that contributes to the development of our contracts. We look at how our interviewees contribute to JCT specifically and gain their views on the wider industry and JCT’s role within it. Steve Wood member, JCT Council member, JCT Drafting Sub-Committee senior…

New – JCT Training Video Modules

Cover the basics of JCT Contracts with our new Video Module series of JCT Training products – convenient and useful anytime you need to brush up on an aspect of a contract or familiarise yourself with a JCT contract for the first time. JCT Training Video Modules provide a short introduction to the key elements of JCT Contracts: The individual videos cover a particular aspect of the contract, full of useful information as a quick-reference guide and to refer to at a time convenient to…