Blog Author: Peter Hibberd This article is primarily concerned with the manner that retrofitting of buildings might impact on the procurement for its delivery, and whether adequate standard form contracts exist. Simply put, retrofitting of buildings is the introduction of new or modified parts or equipment not available at time of build. Contrast this with repair, which is only to restore something broken or damaged to a good condition or working order. Also, contrast it with renovation and renewal, which restores to a new or…

In this new feature for JCT News, we break down some of the key sections and clauses within the JCT contract to explain and provide more information about how these elements function in practice. The issue looks in more detail at the process of interim payments. Interim payments Generally, the provisions relating to valuation, certificates, notices and payment (interim and final) are the same or similar for many of the JCT main and sub-contracts. In this article, we refer to the JCT Standard Building Contract,…

Blog Author: Nigel Blundell and Hamza Sekkar –  Pinsent Masons The current volatile and unpredictable market conditions pose a risk to the success of major projects. However, there are ways that contractors and clients can manage risks associated with inflation in their contracts. We look at three options available under the JCT suite of standard form contracts that contractors and clients alike should consider at a project’s outset. Current practices Deleting the fluctuation provisions in standard form contracts had been an accepted practice for many years….