JCT Design and Build and JCT Standard Building Contracts 2016 – Part I
Blog Author: Suzanne Reeves – Partner, Wedlake Bell JCT Design and Build 2016 Contract JCT has published the new edition of 2016 Design and Build Contract in conjunction with the Design and Build Sub-Contract for use with it. The purpose of this note is to outline the principal changes from the previous 2011 edition and answer some frequently asked questions. In summary, these are: Introduction of common “Interim Valuation Dates” which will apply throughout the contract chain including at sub-contract and sub-sub-contract tiers. Introduction of…