JCT Announces Next Edition of Contracts, ‘JCT 2024’ at Parliamentary Reception

/ JCT 2024 Edition, JCT Network, Latest News, Press Releases

JCT announced that the next update to its suite of contracts will be the JCT 2024 Edition, at its annual Construction Industry Parliamentary Reception held at the House of Commons, on Friday, 16th June. The reception was an opportunity for JCT’s members and invited construction industry guests to gain an early insight into the core themes and main changes that will feature in JCT 2024, which is due to be published next year. The current edition of JCT contracts, JCT 2016, is the most widely…

JCT Releases Contract Administration Model Forms For Minor Works

/ JCT Network, Latest News, Press Releases

JCT has added to its range of contract administration model forms with the launch of a new product specifically for use with the Minor Works family of building contracts, MW and MWD 2016 Admin – Contract Administration Model Forms. The Contract Administration Model Forms first launched in March with the release of the products for use with the JCT Home Owner contracts. This latest release is for use specifically on projects using the 2016 edition of either the JCT Minor Works Building Contract (MW) or…

JCT Education & Training Video Released

/ Education, Skills and Students, JCT Network, JCT Product Updates, JCT Young Professionals Group

Find out how we are helping construction professionals at each stage of their career on the JCT website and YouTube channel: https://corporate.jctltd.co.uk/initiatives/education-students/ JCT has launched a new education and training video to explain the role we play, beyond the production of the JCT contract suite, in supporting construction professionals, students, and education providers to learn about the contract process and foster best practice in their use. The video highlights our history of excellence in the production of standard form contracts and recognises our role in ensuring that construction professionals can…

JCT Parliamentary Reception To Give Insight Into Next Edition Of Contracts

/ JCT Network, Latest News, Press Releases

JCT’s 2023 Parliamentary Reception will be an opportunity for invited guests to gain an insight into the core themes that will be reflected within the next edition of JCT Contracts. The event, taking place on Friday, 16 June 2023, 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. Whilst work on the next edition of…

JCT Launches Contract Administration Model Forms for Home Owner Contracts

/ JCT Network, JCT Product Updates, Latest News, Press Releases

JCT has announced the release of a new series of Contract Administration Model Forms for use with the JCT Home Owner contract family. The new products available from the JCT Online Store include: HO/B 2021 Admin Contract Administration Model Forms For use with the Building contract for a home owner/occupier who has not appointed a consultant to oversee the work (HO/B 2021) HO/C and HO/CA 2021 Admin Contract Administration Model Forms For use with the Building contract and Consultancy Agreement for a home owner/occupier (HO/C…

JCT Training – Spring 2023

/ Education, Skills and Students, JCT Network, JCT Product Updates

New courses added for February, March and April – book your place on one of our full-day, in-person courses today. Visit www.jctltd.co.uk/jct-training. The latest batch of JCT Training courses for the Spring 2023 season are now available to book. See below for details of the following courses: JCT Contracts 2016 – The Legal Perspective Date: Tuesday, 28 February 2023 Venue:JCT Offices, 4th Floor, 28 Ely Place, London, EC1N 6TD Time: 10.00 a.m. – 4.30 p.m. (lunch and refreshments provided) Host: Victoria Peckett, chair, JCT Drafting…

The Risk of Volatile Prices on a Building Project

/ Contractual Issues, Fluctuations, JCT Network

Blog author: Peter Hibberd In September 2021, the Bank of England stated that inflation may reach 4% by the end of that year. The talk, by some, that this was alarmist and that we should not overreact to rising prices is now seen to be way off beam. General inflation has increased significantly since then and in September 2022 it had risen to circa 10% according to ONS. How wrong can one be! The construction materials indices are even more variable and reflect price increases…

Competency, culture, and compliance will ensure we don’t ‘feel the breath of the Building Safety Act upon us’

/ JCT Network, JCT Povey Lecture, Latest News, Press Releases

Gary Neal, head of fire at Skanska UK, delivered a clear set of guidelines to those working in construction to ensure that building projects not only achieve the necessary requirements of the Building Safety Act but also the desired cost and quality outcomes first time, in his JCT Povey Lecture, given on Thursday, 10 November 2022. In his presentation, ‘Building Safety Act: practical steps to compliance in construction’, Gary explained the four main areas of focus of the Act, namely, the changes to general building…

JCT Minor Works 2016: payment made easy

/ JCT 2016 Edition, JCT Network

Our latest JCT 2016 Edition blog explains the new payment process in the JCT Minor Works Building Contract… The interim payment process need not be difficult. Actually, it is quite straightforward under the JCT framework for payment, which complies with the requirements of legislation and reflects the fair payment charter. An easy way to understand the process is to recognise that the Interim Valuation Date (a defined term in the contract), which also applies to JCT sub-contracts and sub-sub contracts, is the key factor in…

JCT Minor Works 2016: insurance provisions

/ Insurance Provisions, JCT 2016 Edition, JCT Network

Our latest JCT 2016 Edition blog looks at the insurance provisions in the Minor Works Building Contract… The JCT Minor Works Building Contract (Minor Works) is designed for smaller, basic construction projects where the work is of a simple nature. Accordingly, the insurance provisions are shorter and simpler than those in contracts such as the JCT Design and Build Contract. However, it is still very important to carefully consider the insurance provisions contained in Section 5 of the contract and ensure that they meet the…