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.
Are JCT contracts good?
The JCT form of contract is typically better suited in situations where the employer wants more control over project delivery. The commercial development community generally utilise the JCT form of contract since it provides a comprehensive balance of risk between Employer and Contractor.
Where are JCT contracts used?
The Design & Build Contract (DB) contract is a popular form in the JCT suite and tends to be used for large, complex construction projects such as sports stadia, shopping centres and office blocks. It is used by the public and private sector.