WHAT'S NEW!
The JCT 98 suite of contracts has recently undergone a complete update and redesign, with the first new contracts in the JCT 05 suite being launched in May 05. The contracts have been clearly colour branded on the front cover to signify the different 'families' or specialisations. Headings, sub-headings, typefaces and so on have been standardised across all the contracts to make them clearer and easier to use.
All the documentation is being updated, and much has been revised to include new contracts, sub contracts and guides.
There are no longer any separate supplements; fluctuations, sectional completion and contractors' design portion have all been incorporated within the contract if appropriate.
Amendments will not be published separately in print. They will be incorporated into the contract, and a revised version will be published immediately. The text of amendments will be found online free of charge for six months after they are issued.
For more information on JCT products and services, please click on the links below.
JCT ADDS SIMPLER CONTRACT SIGNING
An update has been issued by JCT (Joint Contracts Tribunal), introducing new forms for execution as a Deed and guidance notes to replace the existing form within JCT contracts. The new forms facilitate an additional method for execution.
The attestation update, which comes as a result of the Companies Act 2006 (section 44(2)(b)), provides for a third method of execution as a Deed, allowing a signature by a single director, suitably witnessed, to suffice.
The new provision of the Companies Act 2006 takes effect from April 1, 2008.
The attestation update is available to download from here.
MAIN CHANGES
Main changes between the 1998 provisions and the 2005 edition of the contracts.
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NEW CONTRACTS
All contracts in the JCT 98 documentation are being fully revised and updated. In some cases this process has created new contracts and guides, designed to help you prepare the individual documentation you need with the minimum of effort and worry.
The documents listed below are new additions to existing contract families. For specific product details, please click on the contract name below.