WHAT'S NEW!
Revision 2 – out now
Revision 2 incorporates sustainability provisions, following JCT’s consultation, and provisions building on the OGC’s Achieving Excellence Criteria.
The JCT has also taken the opportunity to modify aspects of the payment provisions, while awaiting the outcome of the proposed new payment legislation.
Following publication of the Revision 2 version of a contract, the Revision 1 Contract and its 98 equivalent have been withdrawn. Withdrawn contracts are available with an "outdated" watermark through Sweet and Maxwell Document Delivery Service, sweetandmaxwell.Docdel@thomson.com.
The relevant contract guide has also been revised and contains a user checklist plus all the information you need to fully understand the implications of Revision 2.
Find the Revision 2 contract you need:
- Collateral Warranties
- Design and Build Contract
- Intermediate Building Contract
- JCT - Constructing Excellence Contract
- Major Project Construction Contract
- Measured Term Contract
- Minor Works Building Contract
- Prime Cost Building Contract
- Repair and Maintenance Contract
- Short Form of Sub-Contract
- Standard Building Contract
- Sub-subcontract
New Contracts
Construction Management Family
The revised Construction Management Documentation, comprising the Construction Management Appointment (CM/A), the Construction Management Trade Contract (CM/TC), Construction Management Guide and associated collateral warranties for purchasers & tenants and for funders became available from stockists earlier this year.
For those with appropriate expertise, Construction Management facilitates collaboration, provides flexibility and a framework for greater control.
Find out more | Find a Stockist
Pre-Construction Services Agreement
The Pre-Construction Services Agreement (General Contractor) (PCSA) and the Pre-Construction Services Agreement (Specialist) (PCSA/SP), published at the end of 2008, will meet the needs of those seeking to secure the benefits of the integration of the supply chain prior to the start of physical construction work.
Find out more | Find a Stockist
Project Bank Account Documentation
Project bank accounts are being promoted by central government, with the principal purpose of speeding up payment through the supply chain.
The JCT’s Project Bank Account Documentation provides all the essential documentation needed for setting up and operating a project bank account in connection with a JCT contract.
It comprises of three parts: the Project Bank Account Agreement, the Additional Party Deed and the Enabling Provisions.
It is available here in PDF format. If you would like to purchase a hardcopy, see your nearest Stockists. JCT would like to get your feedback on the documentation in terms of its use and effectiveness, on the project bank accounts in general, and on other possible mechanisms that might improve the payment process for the supply chain.
Please send comments and feedback to stanform@jctltd.co.uk
