“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…

Back to the future: JCT’s 90-year history provides platform for next generation of digital contracts

2021 marks the 90th year since the formation of JCT. 1931 was in many respects a ground-breaking year for the construction industry. Whilst mention of the use of standard forms of construction contract goes back to the 19th Century, the creation of JCT formally recognised the need within the building industry for a standard process of entering into a contract that minimised the outlay of costly bespoke provisions, fairly apportioned risk, and included benchmark sets of provisions that reflected precedent. Such was this cultural shift…

JCT updates digital Covid-19 hub

JCT has created a Covid-19 hub online containing information resources for construction professionals and contracting parties who are considering the impact of Covid-19 on their existing projects or are preparing contract documents for new projects. The situation with Covid-19 has been changing and moving rapidly as the wider implications on the industry are being considered from a legal perspective. The content, which contains articles from JCT and relevant content from other industry bodies, aims to keep construction professionals up-to-date with useful information. The content featured…

JCT launches Dispute Adjudication Documentation 2021 with introductory video

JCT has announced the launch of the Dispute Adjudication Board Documentation 2021 (DAB 2021). The new product was first made available for pre-order via the JCT online store in May 2021. An introductory video is now available to watch via the JCT website (corporate.jctltd.co.uk/dispute-adjudication-board-documentation-2021-dab-2021) which explains more about DAB 2021, providing context and background to its production, and explaining the benefits of using a Dispute Adjudication Board as a means to avoid and resolve disputes. The video features Paul Cowan, barrister, 4 New Square and…