Construction industry contracts play a vital role in ensuring that projects are completed on time, within the budget and to the client’s preference. One of the most popular contracts is the Joint Contracts Tribunal (JCT) construction management contract.
The JCT construction management contract is a popular choice for construction projects where the client wants to appoint a construction manager to oversee the project, rather than the traditional method of appointing a builder to carry out the work. The contract is suitable for medium to large projects and has been designed to provide a framework for the management of the project, rather than the construction itself.
One of the key benefits of the JCT construction management contract is that it provides a clear division of responsibilities between the client, the construction manager and the contractor. The client appoints the construction manager, who in turn is responsible for managing the contractors appointed to carry out the work. This means that the client can focus on the design and development of the project, while the construction manager is responsible for the day-to-day management of the construction process.
The contract also incorporates a payment mechanism that is designed to incentivize the construction manager to complete the project on time and within budget. The construction manager is paid a management fee, which is calculated as a percentage of the total cost of the works. The contract also includes provisions for the contractor to be paid on time, which is essential for maintaining good relationships between the different parties involved in the project.
Another key feature of the JCT construction management contract is that it includes provisions for managing change. Construction projects are notorious for changes, whether it is changes to the design or unforeseen circumstances that arise during the construction process. The contract includes provisions for the management of change, including a process for issuing instructions and variations to the works.
In conclusion, the JCT construction management contract is an excellent choice for construction projects where the client wants to appoint a construction manager to oversee the project. Its clear division of responsibilities, payment mechanisms, and provisions for managing change make it a popular choice for medium to large projects. As a professional, it is important to include keywords such as “JCT construction management contract” in the article to make it more discoverable to people who are searching for information on this topic.