JCT 2024 - A New Era for Construction Contracts?

Introduction

For nigh-on a century, the JCT Contract has firmly embedded itself into industry and long been a contract form of choice. It is particularly popular for private sector works, though not exclusively. More recently, for several years, the extensive JCT 2016 suite has been used for the smallest to the largest projects, whether involving design or not, and remains the most popular form of contract in the UK.

Now - widely anticipated - is newly-published JCT 2024. So, what has changed? How quickly can 2016 users get to grips with the changes, and the new content? How can we ready ourselves, so that we can then ready our clients?

Attend this virtual classroom seminar to find out all the answers. Discover if JCT is still robust and detailed, and whether it demands rigour in contract execution, administration and management. Explore the changes which seek to enable contract parties to manage uncertainty and risk better than before. Learn the new additions to the ‘suite’ and how you might tailor the new form to suit your project. You will be able to answer whether this contract is useful to construction projects as we approach the mid-2020’s.

This session will teach you all the key changes for JCT 2024 so you can start to get to grips with this form of contract and use it successfully as the basis for your projects.

What You Will Learn

This live and interactive course will cover the following:

• Brief background to JCT 2024 - why now?
• What’s new - the headlines
• Compare key parts of JCT 2024 to JCT 2016
• Contract administration, records, audit, decisions and certification
• The independent certifier role
• Payment and ‘sums due’
• Time and progress
• Quality and standards
• Dispute resolution
• Industry response
• Looking ahead for projects into the mid-2020s
• Your next steps
• Summary and take aways

Recording of live sessions: Soon after the Learn Live session has taken place you will be able to go back and access the recording - should you wish to revisit the material discussed.