The JCT Major Projects Form

Subjects:
Construction Law
Contents:
Introduction
General obligations
Time
Control
Valuation and payment
Indemnities and insurance
Assignment and third party rights
Default and dispute resolution
Communications and definitions
The pricing document

ISBN13: 9781405112970
ISBN: 1405112972
Published: January 2004
Publisher: Wiley-Blackwell
Binding: Hardback
Price: £79.50

The Joint Contracts Tribunal have published a completely new standard form of contract for large clients on major construction projects. The main purpose of the form is to meet the particular needs of large commercial clients who do not themselves intend to occupy the premises, as well as property owners and developers (such as hoteliers and supermarkets) who regularly build.

The Major Project Form is the first JCT form specifically to provide for third party rights. It caters for various levels of design input on the part of client and contractor and incorporates a design submission procedure.

Other key provisions are those dealing with: no retention, acceleration of project, bonus for early completion, cost savings and value improvements, the client's pre-appointed consultants, and mediation.

This new book will look at the contract clause by clause, with full text of the contract itself, and will examine the background law, highlighting practical issues.