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The Joint Contracts Tribunal, also known as the JCT, produces standard forms of contract for construction, guidance notes and other standard documentation for use in the construction industry in the United Kingdom. From its establishment in 1931, JCT has expanded the number of contributing organisations.
The exact provisions will depend on the specific form of contract being is adopted. For example, in the Joint Contracts Tribunal (JCT) Design and Build Contract, the base date determines the allocation of risk in relation to changes in statutory regulations, changes to VAT exemptions and changes to definitions of dayworks. Under the JCT's ...
The JCT works on the most popular type of standard construction contracts and the latest suite of contracts from the JCT are the 2016 editions. [8] The form of contract most favoured by public bodies is the NEC contract suite. [9]
The NEC contracts now form a suite of contracts, with NEC being the brand name for the "family" of contracts. [16] When it was first launched in 1993, it was simply the "New Engineering Contract". This specific contract has been renamed the "Engineering and Construction Contract" which is the main contract used for any construction based project.
Standard form contracts such as the Joint Contracts Tribunal (JCT) contract and the New Engineering Contract (NEC) family include various mechanisms for extending contracts to account for delay but still retain the need for the works to be completed by an agreed date.
Joint Contracts Tribunal Intermediate Form Of Contract: A Practical Guide (1991 Legal Studies & Services (Publishing) Ltd; 1999 Blackwell Science Ltd) JCT Intermediate Form of Contract: An Architect's Guide (1985 Architectural Press Ltd) Building Contract Claims (also with John Sims 1998, 2005 Blackwell Publishing Ltd)