Parties to contracts especially in construction, often include clauses in their contracts seeking to exclude claims for indirect and consequential losses, believing that such clauses are likely to prevent claims for loss of profit. Whether loss of profit is a direct...
I. Introduction Entering into a JCT construction contract can be a daunting process. Even though the standard form may look simple, you’ll find plenty of construction-specific terminologies you may not be used to, and the way you complete it could have significant...
JCT contracts are widely used and anyone working on a construction site is likely to have been asked to sign one. In this blog, we discuss what a JCT is, and outline five of the major pitfalls to be aware of when entering into this type of contract. What is a JCT...
JCT contracts were created as a standard form of contract, to simplify the contracts process within the construction industry. However, the standard form is nowadays almost never seen – instead, main contractors will use the JCT as a starting point and add several...
As the saying goes, “knowledge is power”. This is why subcontractors are strongly encouraged to sign up for JCT contract training courses before entering into an agreement with a contractor or a construction company. As JCT contracts are being widely used in the...
What are JCT and construction contract provisions about Coronavirus? We have had many clients contact us the past couple of weeks obviously concerned about the global pandemic and current situation surrounding such, each client has different questions and needs...