If you`re in the world of construction, you may have come across the term JCT contract. JCT stands for Joint Contracts Tribunal, and it refers to a set of standard contracts used in the UK construction industry. These contracts cover a range of construction projects, from small renovations to large-scale developments.
So, how many different types of JCT contract are there? The answer is quite a few! There are currently nine different JCT contracts available, each designed for a specific type of construction project.
Here`s a rundown of the different types of JCT contract:
1. JCT Homeowner Contracts
These contracts are designed for homeowners undertaking small-scale domestic projects, such as renovations or extensions. There are two contracts available: the JCT Homeowner Building Contract and the JCT Homeowner Renovation Contract.
2. JCT Minor Works Contracts
The JCT Minor Works Contract is designed for smaller projects, such as repairs or maintenance work. It`s ideal for projects with a value of up to £250,000.
3. JCT Intermediate Contracts
The JCT Intermediate Contract is designed for larger commercial projects, such as office buildings or shopping centres. It`s suitable for projects with a value of up to £10 million.
4. JCT Standard Building Contract
The JCT Standard Building Contract is one of the most commonly used contracts in the UK construction industry. It`s designed for medium to large-scale projects, such as schools, hospitals, or housing developments. It`s suitable for projects with a value of up to £100 million.
5. JCT Design and Build Contract
The JCT Design and Build Contract is designed for projects where the contractor is responsible for both the design and construction. It`s suitable for projects with a value of up to £100 million.
6. JCT Construction Management Contract
The JCT Construction Management Contract is designed for projects where the client appoints a construction manager to oversee the project. It`s suitable for projects with a value of up to £100 million.
7. JCT Major Project Construction Contract
The JCT Major Project Construction Contract is designed for very large-scale projects, such as airports or sports stadiums. It`s suitable for projects with a value of over £100 million.
8. JCT Framework Agreement
The JCT Framework Agreement is designed for clients who undertake a large number of projects over a period of time. It allows for a flexible approach to procurement and can be used for projects of any value.
9. JCT Repair and Maintenance Contract
The JCT Repair and Maintenance Contract is designed for ongoing maintenance and repair work, such as for public buildings or infrastructure. It`s suitable for projects with a value of up to £100 million.
In summary, there are nine different types of JCT contract available, each designed for a specific type of construction project. Whether you`re a homeowner undertaking a renovation project or a contractor working on a major development, there`s a JCT contract that`s right for you.