The Dangers of a JCT Contract
This course will give you an overview of the dangers of entering into a JCT without fully understanding what you are signing, including where a JCT can fall short and may fail to protect you. It will also detail some of the specific pitfalls you need to be wary of, for example the risk of:
- Losing Ownership of Materials
- Unfixed Materials
- Uncapped Damages
- Storage Protection Insurance
It is crucial that you understand these pitfalls, as when underestimated, they could have the potential to wipe out your entire contract value.