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…
Case Study: Museum of the Home
The Museum of the Home (MotH) in Hoxton, London, is open after three years of redevelopment. The project included the renovation of a 300 year old almshouse and the creation of newly built elements to reimagine the visitor experience. The transformation was designed by Wright & Wright Architects and used a JCT Standard Building Contract. The original building that houses the MotH started life in the 18th Century as an almshouse. Its career as a museum began in 1914 when the almshouse was converted to…
Increasing Costs and Fluctuations Provisions
Blog Author: Peter Hibberd Recently, the Bank of England governor claimed that his ex-chief economist’s view that inflation may reach 4% was alarmist and that we should not overreact to rising prices. Overreacting is one thing but making sensible provision is another. Fluctuations in labour and material prices in relation to construction projects can, and do, quickly erode a contractor’s margin. Over recent years, price inflation has been benign, which has led to those entering building contracts giving less consideration to its impact and to…
Debating Digital
Blog Author: Richard Saxon CBE – Past Chair, JCT Debates are as much a form of entertainment as a way of reaching decisions. But they can still reveal true opinion usefully if the protagonists are so minded. At my school, we were allocated the ‘for’ and ‘against’ roles randomly, to sharpen our wits. As debates progress, positions can become more nuanced. An example of this was the online debate held by Infrastructure Intelligence magazine on the proposition: “That digital transformation is dependent on new forms…
Climate Contracting for the Construction Industry
Blog Author: Becky Annison – Director of Engagement, The Chancery Lane Project The opportunity: It is estimated that the built environment contributes 39% of global greenhouse gas emissions, with the operation (energy consumption) of buildings responsible for 28% and the embodied carbon associated with the materials and construction process throughout the whole building life cycle accounting for 11%. The construction industry is also notorious for its tight profit margins and onerous risk allocations, with precious little room to manoeuvre. However, it is an industry with…
Coming soon – JCT Training Video Modules
JCT is adding to its expanding range of JCT Training services with a new range of video modules, accessible via the JCT website. The current range of JCT Training includes face-to-face training day sessions, and our popular range of 3-hour, interactive webinar sessions. The Training Video Modules will provide an alternative service, for those looking for smaller, easier to access chunks – ideal for brushing up on a certain area of a contract over a lunch break. About JCT Training Video Modules Ideal for those…
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…