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New JCT contracts form is clearer - and cuts retentions

By: Language: English Series: Construction News ; (6940) 27 October 2005, 31(1)Publication details: 2005Subject(s): Summary: Examines the changes in the new suite of JCT conditions of contract. The most important change allows the user to opt either for a third party rights provision or a collateral warranty. Other changes include the deletion of references to nominated sub-contractors, and a reduction in the number of relevant events justifying an extension of time. The wording of the new forms is clearer and more accessible.
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Item type Current library Call number Copy number Status Barcode
Journal article London Journal article L131527 (Browse shelf(Opens below)) 1 Available 131527-1001

Examines the changes in the new suite of JCT conditions of contract. The most important change allows the user to opt either for a third party rights provision or a collateral warranty. Other changes include the deletion of references to nominated sub-contractors, and a reduction in the number of relevant events justifying an extension of time. The wording of the new forms is clearer and more accessible.