Jct Standard Building Contract With Quantities In Cook
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4.21. 1 The Contractor shall notify the Architect/Contract Administrator as soon as the likely effect of a Relevant Matter on regular progress or the likely nature and extent of any loss and/or expense arising from a deferment of possession becomes (or should have become) reasonably apparent to him.
Contracts 'with quantities' are priced on the basis of drawings and firm bills of quantities. 'Without quantities' means a contract priced on the basis of drawings and usually another document, such as a specification or work schedules.
Clause 4.7. 2 4.7. 2 The sum due as an Interim Payment shall be an amount equal to the Gross Valuation under clause 4.13 where Alternative A applies, or clause 4.14 where Alternative B applies, in either case less the aggregate of: 4.7.
So, if you ever come across someone referring to a 'JCT contract', it is typically about a standard building contract. These contracts are usually between an 'employer' and a 'contractor' to facilitate a building works project. They set out all of the relevant terms and conditions, including: Obligations of the parties.
Clause 4.11 – In the event of non-payment or non-compliance with the above-mentioned Clauses, the Contractor has the right to suspend works and the process for doing so is explained in this Clause.
Usually a JCT contract is made between an 'employer' (the client) and the 'contractor' (the construction team) to make the process as seamless as possible. It's a document containing the obligations of everyone involved, the agreed costs and timelines, terms and conditions, and the specifications of the project.
The JCT Standard Building Contract is designed for large or complex construction projects where detailed contract provisions are needed. Standard Building Contracts are suitable for projects procured via the traditional or conventional method.
The main types of contract used in the UK are the Standard Building Contract, the Design and Build Contract and the Minor Works Building Contract, but the contract you need will of course be completely dependent on the nature of your project.
