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A simple solution

By: Language: English Series: Contract Journal ; 440(6646) 10 October 2007, 25(1)Publication details: 2007Subject(s): Summary: Discusses the merits and limitations of the JCT Short Form of Subcontract (2005 edition). In its favour, the conditions of the contract are only five pages, the main terms are simple and the extension of time provisions very straightforward. Also looks at the payment provisions and the pricing document. In terms of its limitations, the accompanying guidance note clearly sets these out. A key point is that the contract is only suitable for use where the subcontract packages are of straightforward content and carrying a low level of risk.
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Journal article London Journal article L141581 (Browse shelf(Opens below)) 1 Available 141581-1001

Discusses the merits and limitations of the JCT Short Form of Subcontract (2005 edition). In its favour, the conditions of the contract are only five pages, the main terms are simple and the extension of time provisions very straightforward. Also looks at the payment provisions and the pricing document. In terms of its limitations, the accompanying guidance note clearly sets these out. A key point is that the contract is only suitable for use where the subcontract packages are of straightforward content and carrying a low level of risk.