Fundamentals of JCT Contracts
There is a wide range of contracts available to construction businesses, including the many JCT forms. Choosing the most appropriate to the size and characteristics of your project and managing it efficiently is key to the success of the project. To do this, you need to be clear on how the scope, roles, owners, timelines, costs, payments and risks are allocated.
Our new course on the fundamentals of JCT contracts, will focus on giving you a clear understanding of the contents of the JCT suite and how it should be applied. This includes covering:
- The main contract between the employer and the main contractor
- Sub-contracts between the main contractor and sub-contractors
- Pre-construction services agreements
- Design agreement between the employer and specialist designer
- The form of contract for the supply of goods
- Forms of bond
- Consultancy agreements
- Other available forms and documents
Additionally the course will define the roles and responsibilities of all parties connected with the construction process and will inform participants on the requirement and importance of administration and record keeping.
In summary you will walk away with a greater knowledge of where your risks lie with the JCT suite of contracts together with an understanding of what a business is committing to when it enters into a JCT construction contract. It will also enable you to understand and manage your commercial expectations, and enter into agreements that lead to successful project completion.
This course has been designed for clients, consultants, contractors, specialists, sub-contractors and the like. It is relevant to all those involved in the design , procurement and management of projects , working on all types and sizes of building , civil engineering , infrastructure and maintenance projects in both the public and private sectors. This includes Construction Managers, Commercial Managers, Business Development Managers, Quantity Surveyors, Project Managers, Estimators, Contract Managers, Project Planners and procurement staff.
By the end of this course, you will be able to:
- Identify the correct standard forms that can be used in a construction environment
- Distinguish between the options available and select the most appropriate
- Arrange cost and risk matters into priority themes and implement into the contract
- Appraise, assess and compare cost and risk matters into the correct form of contract
- Identify the key administration procedures related to the available suite of contracts
An Introduction to JCT – the Joint Contracts Tribunal
- History and evolution
- The members of the JCT
- What is a standard form of building contract?
- Considerations for selection of the right JCT contract
Why a standard form?
- Inclusion of the construction timeline
- Types of document
- Transactional cost
- Risk allocation and minimising risk in the construction process
The suite of standard forms
- Consumer friendly contracts
- Liquidated and ascertained damages
- Determination / repudiation
- Dispute resolution
The importance of administration
- Extensions of time
- Contractual notices
- Loss and expense
- Payment provisions
- Dispute resolution
- Suspension and termination
John Hayes FCIOB, FRICS.
John Hayes is a fellow of the CIOB and the RICS and is an accredited mediator with over 30 years’ experience as a quantity surveyor and commercial director.
His key areas of expertise include:-
• Commercial management
• Contract reporting
• Quantum assessment
• Conflict Management
• Dispute resolution
• Claim and change assessment and negotiation
John has extensive experience of £multi-million global framework and construction projects in the UK, Europe and Australia working for £multi-billion construction companies and has extensive commercial, adjudication, arbitration and litigation experience.