Misc

What does JCT stand for in construction?

The Joint Contracts Tribunal (JCT)

What is the purpose of JCT?

JCT contracts facilitate the process of constructing buildings. In simple terms, contracts set out the responsibilities of all parties within the construction process and their obligations, so it is clear as to what work needs to be done, who is doing it, when are they doing it by, and for how much.

Where are JCT contracts used?

The JCT suite is one of the most commonly used contract suites in the UK construction industry, and its widespread popularity can be attributed to a combination of the JCT having designed standardised forms to suit a wide range of projects and procurement options, and the forms having been drafted to be fair for each …

WHO issues a JCT contract?

JCT contracts are usually made between an 'employer' and a 'contractor' to facilitate the process of delivering a building project. They set out all of the relevant terms and conditions, including the obligations of the parties, the costs involved and specification of the project.

What are the different JCT contracts?

The range of JCT construction contracts comprises:
  • Standard Building Contract.
  • Intermediate Building Contract.
  • Minor Works Building Contract.
  • Major Project Construction Contract.
  • Design and Build Contract.
  • Management Building Contract.
  • Construction Management Contract.
  • JCT Constructing Excellence Contract.
The range of JCT construction contracts comprises:
  • Standard Building Contract.
  • Intermediate Building Contract.
  • Minor Works Building Contract.
  • Major Project Construction Contract.
  • Design and Build Contract.
  • Management Building Contract.
  • Construction Management Contract.
  • JCT Constructing Excellence Contract.

What is NEC form of contract?

The New Engineering Contract (NEC) is a series of contracts designed to manage any project from start to finish. The contracts are written in plain English with a straightforward structure and are designed to be easily understood. NEC contracts aim to prevent costly disputes.

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Do I need a JCT?

Do I need a JCT contract for my build? It’s advised that you use a form of standard agreement when appointing any professional for your project, builder or architect, or anyone else. What type, is ultimately down to your project.

What is standard form of building contract?

Standard Form Contracts are agreements that employ standardised, non-negotiated provisions, usually in pre-printed forms. These are sometimes referred to as ‘boilerplate contracts’, ‘contracts of adhesion’, or ‘take it or leave it’ contracts.

What is partial possession certificate?

Partial possession often requires the agreement of the contractor, but allows the employer to use part of the works for their intended purpose prior to completion of the whole of the works.

What is ECC in construction?

Estimated Construction Cost. Engineering, Military, Technology. Engineering, Military, Technology. 1. ECC.

How does a JCT contract work?

JCT contracts are usually made between an ’employer’ and a ‘contractor’ to facilitate the process of delivering a building project. They set out all of the relevant terms and conditions, including the obligations of the parties, the costs involved and specification of the project.

How do I set up a contract with a builder?

What Should Be in a Construction Contract?
  1. Identifying/Contact Information. …
  2. Title and Description of the Project. …
  3. Projected Timeline and Completion Date. …
  4. Cost Estimate and Payment Schedule. …
  5. Stop-Work Clause and Stop-Payment Clause. …
  6. Act of God Clause. …
  7. Change Order Agreement. …
  8. Warranty.
What Should Be in a Construction Contract?
  1. Identifying/Contact Information. …
  2. Title and Description of the Project. …
  3. Projected Timeline and Completion Date. …
  4. Cost Estimate and Payment Schedule. …
  5. Stop-Work Clause and Stop-Payment Clause. …
  6. Act of God Clause. …
  7. Change Order Agreement. …
  8. Warranty.

What is revocation offer?

Revocation is an annulment or cancellation of a statement or agreement. In the context of contracts, revocation may refer to the offeror canceling an offer.

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What are the types of contracts?

Types of contracts
  • Fixed-price contract. …
  • Cost-reimbursement contract. …
  • Cost-plus contract. …
  • Time and materials contract. …
  • Unit price contract. …
  • Bilateral contract. …
  • Unilateral contract. …
  • Implied contract.
Types of contracts
  • Fixed-price contract. …
  • Cost-reimbursement contract. …
  • Cost-plus contract. …
  • Time and materials contract. …
  • Unit price contract. …
  • Bilateral contract. …
  • Unilateral contract. …
  • Implied contract.

What does substantially complete mean in construction?

Substantial completion means the project, or a portion of the project, is fit for its intended use. The owner can then occupy and use the property. The owner must also pay the contractor the last portion of the monies owed for that project or portion of the project.

What is the difference between sectional completion and practical completion?

Sectional completion is a term used to describe either practical completion of a section or the completion of the whole of the works under the building contract in sections. It differs from partial possession in that it is pre-determined and addressed in the contract documents.

What is NEC used for?

The New Engineering Contract (NEC) is a series of contracts designed to manage any project from start to finish. The contracts are written in plain English with a straightforward structure and are designed to be easily understood. NEC contracts aim to prevent costly disputes.

What is an NEC supervisor?

The NEC Supervisor is a named role in the ECC and is responsible for notifying Defects to the Contractor. An NEC Supervisor is responsible for witnessing tests and inspections by the Contractor and monitoring the quality of construction works on site.

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What is a BoQ in construction?

Generally, the Bill of Quantities (BoQ) is drawn-up by the quantity surveyor (employer’s consultant) with construction information provided by the design team. The primary purpose of a BoQ is to ensure all tenderers are provided with a standardised document to price and submit a fair and accurate tender.

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